Entries by AllAfrica News: Petroleum

Nigeria: Fuel Subsidy Removal – TUC Meets Tinubu’s Delegation, Makes Demands to Avert Strike /in /by

[Premium Times] "The TUC that attended today's meeting presented a list of demands and those demands we have studied and we are going to present to Mr President, for his consideration."

Nigeria: Don’t Politicise Fuel Subsidy Removal, Sanwo-Olu Tells NLC /in /by

[Leadership] Lagos State Governor Babajide Sanwo-Olu has urged the Nigeria Labour Congress (NLC) to shelve its planned strike in protest against the fuel subsidy removal, saying the issue should not be made political.

Nigeria: NNPC to Discontinue Crude Swap, Targets Cash Payments for Petrol Imports /in /by

[Leadership] With the removal of subsidy on petrol in the country, the Nigerian National Petroleum Company Limited (NNPC) is set to discontinue crude oil swap in favour of cash payments for petrol imports.

Nigeria: Probe Missing $2.1bn, N3.1trn Subsidy Payments, SERAP Tells Tinubu /in /by

[Leadership] Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to investigate allegations that $2.1 billion and N3.1 trillion public funds budgeted as fuel subsidy payments are missing.

Nigeria: Subsidy Removal Leaves Students Struggling with Skyrocketing Transport Costs /in /by

[Premium Times] Just like in towns and cities, findings revealed that intra-campus fares have also increased, in many cases by up to 100 per cent, leaving students groaning.

Nigeria: Fuel Subsidy – Nigeria Electricity Workers to Embark On Nationwide Strike /in /by

[Premium Times] "Please note that withdrawal of Services nationwide commences from 0.00 hours of Wednesday, June 7, 2023," the statement said.

Angola: Angola to Eliminate Totally Fuel Subsidies By 2025 /in /by

[ANGOP] Luanda -- Angola is currently carrying out a gradual removal of the fuel subsidies, whose aim is to cut off State subsidies on petrol and diesel by 2025, the country's Finance minister, Vera Daves de Sousa, said Thursday, in Luanda.

Angola: New Petrol Price in Force /in /by

[ANGOP] Luanda -- A litre of petrol will cost, as of this Friday, with the entry into force of the new rate, that is 300 kwanzas (USD 0,51) per litre, against the previous 160 Kwanzas (roughly USD 0,27).

Nigeria: 1.8 Billion Litres Petrol Available, Queues Won’t Exceed Saturday – NNPCL /in /by

[Vanguard] The Nigerian National Petroleum Company Limited, NNPCL said a total of 1.8 billion litres petrol are available, adding that the fuel queues being witnessed across the country will not exceed Saturday (3rd June).

Nigeria: Subsidy Regime Ended in February 2022 – NNPCL /in /by

[Premium Times] "That means by law, the subsidy regime was gone by 17 February 2022. But of course, the government can always decide to spend on its citizens, in the manner that it wants," an official said.