Tag Archives: Fuel Subsidy

Nigerians continue to lament the announcement of the fuel subsidy removal made by President Bola Tinubu as filling stations across the country persist for motorists and commuters. Recall that Tinubu, in his inaugural speech on Monday said that the fuel subsidy can no longer be sustained, hence, it will be …

The news of adjustment in the official pump price of PMS from N199 per liter to an undisclosed price by the management of the NNPC, on Wednesday, was greeted with condemnation and displeasure from residents of Bauchi.   Those who spoke to Tribune Online expressed divergent views berating the President …

Award-winning Nigerian singer, Tiwa Savage, has lamented the resurfacing fuel scarcity due to the announcement of the removal of subsidy by President Bola Ahmed Tinubu. The singer, who recently returned to the country from Brazil, where she went on holiday, said she came back home to fuel scarcity and an …

The Nigerian National Petroleum Corporation Limited (NNPCL) has confirmed an upward review of pump price of petrol. Garba Deen Muhammad, Chief Corporate Communications Officer, NNPC Ltd, confirmed this in a statement on Wednesday afternoon. NNPC Limited wishes to inform our esteemed customers that we have adjusted our pump prices of …

Fuel queues which resurfaced across the country on Monday grew longer yesterday, as panic buying by motorists and hoarding by marketers shot the price of petrol as high as N600 per litre. The development followed apprehension created by the removal of subsidy as announced by President Bola Ahmed Tinubu. Tinubu …

The House of Representatives on Tuesday threw its weight behind President Bola Ahmed Tinubu on the removal of subsidy on petroleum products. The President has said that there was no provision for subsidy in the 2023 appropriation, adding that monies from subsidy will be channeled to other uses.   The …

Twenty-four hours after President Bola Tinubu declared the removal of fuel subsidy, fuel scarcity has returned in Cross River State. Recall, Tinubu, in his inaugural speech, had declared that fuel subsidy which had been a lingering issue in the nation, especially between Organised Labour and the Federal Government, was gone. …

The downstream end of the Nigerian petroleum industry has gone into frenzy as operators respond to the immediate removal of subsidy on petrol with sharp hike in pump price just as consumers crowded to the petrol stations. Commercial transporters have also hiked their trip fares across the country in response …

Former federal lawmaker, Senator Shehu Sani, has reacted to the removal of the fuel subsidy regime by President Bola Tinubu. Reports gathered  that the newly sworn-in president had, during his inaugural speech, said the subsidy is no longer sustainable in the country, stressing that it is gone.   Reacting, Sani, …

The Federal Government, through the Ministry of Finance, Budget, and National Planning, has said that fuel subsidy removal is yet to be suspended. A statement on Friday by the Minister’s Special Adviser, Media and Communications, Yunusa Abdullahi, indicated that the Federal Government planned to expand the subsidy removal committee to …