Fuel Subsidy

Prices spiral as Tinubu government raises fuel prices again

The Nigerian government has again raised petrol prices as Nigerians continue to face unprecedented...

Dangote Refinery begins sale of petrol, but offers no price relief

The Dangote Refinery, a $20 billion project with a capacity to process 650,000 barrels...

NNPC raises petrol price, deepening hardship for Nigerians under Tinubu

The Nigerian National Petroleum Corporation (NNPC) Ltd. has raised the price of petrol from...

Nigeria’s fuel subsidy cost to rise as smuggling resumes

Nigeria will likely pay higher fuel subsidy costs in the coming months as traders...

Tinubu govt admits spending trillions on fuel subsidy after denials

The Nigerian government has acknowledged spending hefty sums on petrol subsidy it initially removed last...

Despite govt denial, IMF sees record fuel subsidy cost for Tinubu in 2024

Nigeria could pay as much as 3% of the size of its economy as...

NNPC claims Nigeria no longer pays petrol subsidy. That’s unlikely

The Nigeria National Petroleum Corporation Ltd. on Monday denied the government paid petrol subsidy...

IMF seeks more fuel subsidy cuts, says climate above consumer pain

The International Monetary Fund is pushing for more fuel subsidy cuts, arguing that while...

“Federal govt’s subsidy palliative to states N2.3 billion, not N5 billion”

The federal government is not providing N5 billion to states as aid following the...

Why Tinubu’s petrol price decision offers no relief to suffering Nigerians

President Bola Tinubu's promise to keep petrol prices unchanged means the government is re-imposing...