November 16, 2025
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Home Posts tagged fuel subsidy
Opinion

Nigeria’s reform agenda needs a people-centric shift

Guest Writer 0
BY SAMI TUNJI Nigeria’s macroeconomic indicators are beginning to show signs of recovery. Reforms such as the removal of fuel subsidy, exchange rate unification, and increased interest rates have garnered praise from global institutions. Yet, beneath the surface of this policy reset lies a harsh reality: the lives of ordinary Nigerians are not getting easier. […]
fuel, fares
News

Fuel subsidy: We’re in a difficult moment- APC

Ihesiulo Grace 0
…as Uzodinma emerges PGF chair By Tom Okpe National Chairman, All Progressives Congress, (APC) Abdullahi Adamu has said the country was in a very difficult moment now that fuel subsidy has been removed. President Bola Tinubu had in his inaugural speech after taking oath of office on Monday, announced that fuel subsidy had gone and […]
petrol price
Politics

HoR supports fuel subsidy removal

Ihesiulo Grace 0
…urges Nigerians to be calm with Tinubu’s administration By Tom Okpe The House of Representatives at plenary on Tuesday, thrown its weight behind decision of President Bola Tinubu to remove fuel subsidy, pleading with Nigerians to be patient with the new administration. This was sequel to the adoption of a motion of urgent public importance, […]
News

Shelve plan to remove fuel subsidy, PFN tells FG

Ihesiulo Grace 0
*Says plan will worsen Nigerians’ suffering, trigger crisis The Pentecostal Fellowship of Nigeria (PFN) has called on the Federal Government to shelve the proposed plan to remove fuel subsidy, saying the plan if atualised will worsen the suffering of majority of Nigerians who are already impoverished. PFN president, Bishop Wale Oke, who is also the […]
subsidy
Oil & Gas

‘Nigeria will earn N1 trillion yearly from fuel subsidy removal’

Ihesiulo Grace 0
Minister of State for Petroleum Resources, Mr Timipre Sylva, says the Federal Government’s decision to fully remove subsidy from petrol will earn the country N1 trillion annually and create numerous jobs. Sylva, who said this on Thursday, while speaking with newsmen in Abuja, said that beginning from October, Nigerians “can now convert cars using petroleum […]
Politics

Pro-Buhari group slams PDP over caution on fuel subsidy, says advice is absurd

Ihesiulo Grace 0
The Buhari Media  Organisation (BMO) has described as ludicrous and absurd a statement by the Peoples Democratic Party (PDP) criticising the fuel subsidy regime under the President Muhammadu Buhari-led administration. According to BMO, the subsidy regime and the Nigerian National Petroleum Corporation (NNPC) have never been so open as they are now, and that the state-owned
Reps to probe non-payment of $7bn by asset managers
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Reps okays Petroleum Industry Governance Bill

Ihesiulo Grace 0
* Summons Kachikwu, Baru, PPPRA boss over fuel subsidy payments * Approves Maritime University The governance aspect of the Petroleum Industry Bill (PIB) that provides for transparency and international best practices was on Wednesday passed by the House of Representatives. The report was laid on Tuesday, before the House by the ad-hoc committee Chairman, Hon […]
News Top Stories

NNPC Pushes for Fuel Subsidy Removal

Ihesiulo Grace 0
The Nigerian National Petroleum Corporation (NNPC) has advised the Federal Government on the need to stop the payment of subsidy on petrol because it cannot be sustained. Subsidy is the difference between the Expected Open Market Price of fuel and the actual or retail price that is paid by consumers for the product at petrol […]