Fuel Subsidy

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...

Kenya reinstates fuel subsidy months after scrapping it

Kenya has reinstated fuel subsidy nearly a year after President William Ruto scrapped it...

Loans, buses, farms….A breakdown of Tinubu’s subsidy ‘palliatives’

President Bola Tinubu gave a televised speech to the nation Monday evening in an...

Tinubu says he’s a ‘listening leader’ in halting N8,000 payments. Some see flip-flop

President Bola Tinubu says his decision to halt the transfer of N8,000 to millions...

Marketer says petrol gets to Nigeria at N565 amid questions on N617 price

Imported petrol is landing in Nigeria at N565 a litre, a top marketing body...

NNPC blames ‘market realities’ for new petrol price of N617

Nigeria’s main oil company NNPC Ltd says it increased the price of petrol Tuesday...