Fuel Subsidy

Business & 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...
Business & 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...
Business & 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...
Business & 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...
Business & 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...
Nation

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

Plu Team -
The federal government is not providing N5 billion to states as aid following the...
Cost of Living

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

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

Kenya reinstates fuel subsidy months after scrapping it

Plu Team -
Kenya has reinstated fuel subsidy nearly a year after President William Ruto scrapped it...
Business & Economy

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

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