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All posts tagged "subsidy payment"

Politics11 months ago

SERAP urges Tinubu to probe missing $2.1bn, N3.1trn subsidy payments or face lawsuit

Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to “set up a presidential panel of enquiry to promptly probe the grim allegations that...
Business2 years ago

Nigerian govt gives breakdown of N74bn subsidy payment to petroleum marketers in seven months

Amid scarcity, the Federal government has revealed that petrol marketers in the country in seven months received N74 billion subsidy payment. Nigerian Midstream and Downstream Petroleum...
Business2 years ago

Subsidy payment grows by 29% in 4 months, as NNPC budgets another N874bn

The Nigerian National Petroleum Company (NNPC) Limited has disclosed that it spent over N947.51 billion subsiding petrol imported into the country from January to April. The...
News2 years ago

NNPC to deduct N240bn from payment to federation account for subsidy payment

For the payment of petrol subsidy, The Nigerian National Petroleum Company (NNPC) Limited has disclosed that N242.53 billion will be removed from its contribution to the...
Politics2 years ago

Subsidy payment unsustainable for Nigerian economy —Keyamo

The Minister of State for Labour and Employment, Festus Keyamo has disclosed the harmful effects of subsidy payments on the economy. Keyamo spoke on Monday during...
Business8 years ago

Subsidy: Oil marketers get 407b

Nigerians may soon heave a sigh of relief as indications are that the Federal Government has paid N407,076,805,386.30 subsidy claims to oil marketers to end the...