Petroleum Subsidy

News

Petroleum Stakeholders Outline Strategies For Post-subsidy Era

Aina Ojonugwa, THEWILL -
Stakeholders in Nigeria’s midstream and downstream petroleum sectors have urged the Federal Government to outline strategies for a sustainable future in the downstream sector. The appeal was made during a virtual online workshop on Friday in Lagos with the theme...
Business

Petrol Subsidy Payments Hit N2.04tr in Seven Months

THEWILL. -
The Nigerian National Petroleum Company (NNPC) Limited says it deducted N448.78 billion in July to cater for subsidy payments. The company said in its monthly presentation to the federation account allocation committee (FAAC) meeting on August 24th, 2022. The figures showed...
News

Petroleum Subsidy Grosses N120bn Monthly

Aina Ojonugwa, THEWILL -
BEVERLY HILLS, March 25, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) says it pays N120 billion every month to subsidise Premium Motor Spirit (PMS), popularly known as petrol. NNPC Group General Manager (GMD), Mele Kyari, disclosed this at the weekly...
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Latest News

NewsFelix Ifijeh, THEWILL -

We Fought For Your Freedom — Obasanjo Accuses South Africa Of Betraying Africa

Former President Olusegun Obasanjo has accused South Africa of betraying the spirit of African solidarity for which Nigeria fought during the country’s struggle against apartheid.
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