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Tag: Fuel Subsidy
To offset the effects of the fuel subsidy, President Tinubu raises the minimum wage.
President Bola Tinubu has announced a N25,000 wage award to low grade workers in the civil service, as part of measures to cushion the impact of the fuel subsidy removal…
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Removal of fuel subsidies: ‘N400bn savings’ raises concerns
Nigerians are uneasy about the debate around the 'N400 billion savings' after the elimination of gasoline subsidies for more than 30 days. The Nigerian National Petroleum Corporation Limited's Group Executive…
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Subsidy Is Gone, time for Aforiti
President Bola Tinubu’s decision to remove the fuel subsidy has left millions of Nigerians terrified about the knock-on effects that it will have on their daily lives. Many are concerned…
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Experts weigh in as the withdrawal of gasoline subsidies fuels the energy crisis
The debate over eliminating fuel subsidies has once again highlighted the difficulties facing the power sector. It was earlier reported that both power, petroleum and gas are intertwined in their…
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Fuel subsidies are not tenable, say APC governors
The gasoline subsidy regime, according to the Progressive Governors Forum (PGF), is not a viable arrangement for the country's economy. At a briefing in Abuja on Friday, members of the…
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Fuel subsidy removal: The time is now – Charly Boy backs Tinubu
Nigerian famous entertainer and socio-political activist Charles Oputa, known by his stage name, Charly Boy, has thrown his weight behind the decision of President Bola Tinubu to remove fuel subsidy.…
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The withdrawal of fuel subsidies has caused anarchy, says actress Kate Henshaw.
Nollywood actress Kate Henshaw has lamented the excruciating fuel scarcity that has followed the removal of fuel subsidy by President Bola Ahmed Tinubu. In his inaugural speech as president, announced…
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Fuel subsidy: Long queues resurface in Osun
Three days after President Bola Ahmed Tinubu announced a suspension of the fuel subsidy regime, long queues have resurfaced in most fuel stations in Osogbo, the Osun State capital. Vehicle…
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Fuel Subsidy: CISLAC knocks FG over $800m World Bank loan
The Civil Society Legislative Advocacy Centre has faulted the federal government over its $800 million World Bank loan for fuel subsidy Palliatives to Nigerians. In a statement during the weekend…
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Fuel Subsidy: NAIRAXI moves to digitize public transport
Ahead of the removal of fuel subsidy come June 2023, the Indigenous leading Tech-powered mobility Company NAIRAXI says digitizing Nigeria public transportation systems will help to mitigate future effects. The…
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