Fuel Subsidy

Environment

CNG bus explosion sparks safety fears as Nigeria pushes gas transition

Plu Team -
A compressed natural gas (CNG)-powered bus exploded in Kaduna early Sunday, triggering fresh concerns...
Africa

As oil prices rise, South Africa intervenes while Nigeria holds back

Plu Team -
South Africa has announced temporary fuel relief measures to cushion households and businesses from...
Economy

Prices spiral as Tinubu government raises fuel prices again

Plu Team -
The Nigerian government has again raised petrol prices as Nigerians continue to face unprecedented...
Economy

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

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

NNPC raises petrol price, deepening hardship for Nigerians under Tinubu

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

Nigeria’s fuel subsidy cost to rise as smuggling resumes

Olawale Afolabi -
Nigeria will likely pay higher fuel subsidy costs in the coming months as traders...
Economy

Tinubu govt admits spending trillions on fuel subsidy after denials

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

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

Olawale Afolabi -
Nigeria could pay as much as 3% of the size of its economy as...
Economy

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

Olawale Afolabi -
The Nigeria National Petroleum Corporation Ltd. on Monday denied the government paid petrol subsidy...
Climate

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

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