The Federal Government and the Nigerian National Petroleum Company Limited (NNPCL) have refuted claims by former Kaduna State Governor Malam Nasir El-Rufai and Gabriel Ogbechie, Chief...
The governorship candidate of the Peoples Democratic Party (PDP) for the 2023 general elections in Lagos State, Dr. Abdul-Azeez Adediran, also known as Jandor, has urged...
A Special Assistant on Public Communication to former Vice-President Atiku Abubakar, Phrank Shaibu, on Monday, alleged that the refusal of the Federal Government to react to...
Nigerians may soon have to pay more to enjoy additional supply of electricity supply, going by suggestions from the Minister of Power, Bayo Adelabu. Adelabu, has...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed concerns that proposed tariff increases on petroleum products could derail the success of the country’s ongoing...
The Federal Government has said that two of its programmes targeted at alleviating the impact of fuel subsidy removal will soon kickoff. The Minister of Industry,...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has claimed that the Federal Government is still paying subsidy on petrol. This is contrary...
The World Bank has predicted that Nigeria’s growth would decelerate from 3.3 per cent in 2022 to 2.9 per cent in 2023. The bank noted, in...
The Pan-Yoruba socio-political organisation, Afenifere, has decried the never-ending insecurity in Nigeria, noting that the country was becoming ungovernable. The Afenifere stated this after its meeting...
The ruling All Progressives Congress (APC) has attacked a media aide to former Vice President Atiku Abubakar, Phrank Shaibu over his allegation that President Bola Tinubu...
A report by the National Bureau of Statistics (NBS) has revealed that the average cost of bus transportation within Nigerian cities rose from N649.59 in May...
The Federal Government paid a total of N36 billion to subsidise electricity consumption in the country in the first quarter of 2023, the Nigerian Electricity Regulation...
The Nigeria Employers’ Consultative Association (NECA), has called on the Federal Government to take immediate steps to address the pains workers and Nigerians in general are...
The Catholic Bishops Conference of Nigeria (CBCN), on Sunday, raised the alarm that the removal of fuel subsidy without provision of palliatives to cushion the effects...
A former Senator for Kaduna Central, Shehu Sani has advised President Bola Ahmed Tinubu not to share subsidy funds savings with governors, adding that it should be...
The Trade Union Congress’s (TUC) president, Festus Osifo, has expressed grave concern over the disparity between the Nigerian government’s call for citizens to make sacrifices and...
The Forum of Commissioners for Finance of Nigeria, on Friday, called on the Federal Government to channel accruals from the removal of fuel subsidy into the...
Dr. Akinwumi Adesina, president of the African Development Bank (AfDB), has questioned Nigeria’s fuel subsidy system and the high cost of governance. Adesina claimed that the...
Between 2019 and 2022, N173.2 billion was spent by the Federal Government to ensure equality of pump price of Premium Motor Spirit (PMS) at retail stations...
The Group General Manager, Group Public Affairs Division, Nigerian National Petroleum Company (NNPC) Limited, Garba Muhammad, has said Premium Motor Spirit (petrol) will be selling for...
Despite spiralling state of the economy which has shrunk the earning and purchasing power of most Nigerians, electricity might also become a premium product, considering the...
The Petroleum Products Pricing Regulatory Agency (PPPRA) has said the petrol price template published on Friday was only an indication of current market trends. In a...
The Peoples Democratic Party (PDP) has been told it does not have any moral authority to caution or query the President Muhammadu Buhari administration on the...
The Peoples Democratic Party (PDP) has accused President Muhammadu Buhari of deceiving Nigerians and asked him to tender an unreserved apology to the entire nation. The...
The total amount of money spent by the Federal Government, through the Nigerian National Petroleum Corporation (NNPC) on subsidising Premium Motor Spirit in December 2019, stood...
The Federal Government and petroleum marketers have finally reached an agreement on how outstanding subsidy claims would be settled by government. The oil marketers and representatives...
Oil marketers in the country have cried out over the continued delay by the Federal Government in paying subsidy arrears accrued to them. According to the...
The Nigerian National Petroleum Corporation (NNPC) has said money alleged to have been diverted from the dividend from the Nigeria Liquefied Natural Gas (NLNG) company was...
Petroleum products marketers and depot owners have said that despite the directive by Acting President Yemi Osinbajo to the Ministry of Finance to pay the marketers...
The hope of having the price of kerosene come down sooner has been dashed with the insistence by the Nigerian National Petroleum Corporation (NNPC) that it...
Fiery preacher and General Overseer of the Latter Rain Assembly, Pastor Tunde Bakare, has accused the Federal Government of failing to consult widely before increasing the...
The end may not yet be in sight in the crisis rocking the downstream subsector of the oil industry, as oil marketers, on Friday in Abuja,...
By Joseph Edgar . . . It’s 24 hours to the NLC expected ‘war’ against the recent policy on the deregulation of the oil sector. But...
Modalities for resolving an outstanding N16.5 billion fuel subsidy claim may unsettle the fresh romance between the federal government and petroleum marketers, Ripples Nigeria has gathered....
Although provision was not made for subsidy in the 2016 budget, it has been discovered that the federal government is presently subsidising Premium Motor Spirit (PMS)...
The price of Household Kerosene (HHK) jumped from N50 per litre to N83 per litre over the weekend, as the Federal Government officially ended subsidy on...
By Timothy Enietan-Matthews In what appears as a dramatic volte face, the Minister of State for Petroleum, Dr. Emmanuel Ibe-Kachukwu, Sunday, tactically denied his widely reported...
The federal government may have spent a total of 25% of the 2015 budget on subsidy payment, the World Bank report has revealed. The World Bank...
Former Central Bank of Nigeria (CBN) governor, now Emir of Kano, Malam Muhammadu Sanusi II, has said that if government is serious about tackling corruption, the...
The Fiscal Responsibility Commission (FRC) says that the Federal Government withdrew the sum of N395bn to fund subsidy on petroleum products in 2013. The commission in...
The Federal Ministry of Finance and petroleum products marketers are now engaged in war of words over accrued interest on bank loans on account of delayed...
