Entries by AllAfrica News: Petroleum

Nigeria: Fuel Subsidy – Northern Groups Accuse NLC of Playing to the Gallery /in /by

[Leadership] The Coalition of Northern Groups (CNG) has said the Nigeria Labour Congress (NLC) has developed a penchant over the years for mass public deception over issues of serious national importance.

Nigeria: Fuel Subsidy – Reps Ask Govt to Mitigate Effects of Subsidy Removal /in /by

[Premium Times] The lawmakers asked the federal government to, among other things, purchase natural gas-powered buses to mitigate transport fare hike.

Nigeria: How Fuel Subsidy Removal Will Reduce Borrowing – Expert /in /by

[Premium Times] "We are faced with a very tricky situation; if we continue with the subsidy, it has the potential to pull down the economy completely the way it is going," Mr Yusuf said.

Nigeria: Fuel Subsidy Not Budgeted for in 2023 – Kyari Tells APC /in /by

[Premium Times] "There was subsidy in 2022 but in 2023, not a single naira was provided for the purpose of financing the subsidy."

Nigeria: Why Subsidy Removal Must Not Deepen Poverty – Amnesty International /in /by

[Premium Times] "Many are concerned that they will be unable to meet the costs of education, food and healthcare," the organisation said.

Nigeria: Tinubu Has Directed Palliatives to Be Put in Place to Cushion Effects of Fuel Subsidy Removal, Says Kyari /in /by

[This Day] Abuja -- Group Managing Director of Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari has revealed that President Bola Tinubu has directed that some palliatives be put in place to cushion the effect of subsidy removal on Ni...

Nigeria: No Going Back On Fuel Subsidy Removal, NNPCL Declares /in /by

[Leadership] Despite the widespread outcry trailing the removal of fuel subsidy in the country, the Nigerian National Petroleum Company Limited, (NNPCL) has insisted there will not be a reversal of the policy as there is no cash back-up to offset the s...

Nigeria: Queues, Frustrations in States As Borno, Yobe, Experience Highest Fuel Prices /in /by

[Vanguard] 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.

Nigeria: Fuel Subsidy – After Meeting Tinubu’s Delegation, NLC Insists On Price Reversal /in /by

[Premium Times] "This is an ambush and runs against the spirit and principles of social dialogue...," the labour union said.

Nigeria: With End of Subsidy, NNPC Raises Petrol Price to Between N488 and N557 Per Litre /in /by

[This Day] Nigerian National Petroleum Company (NNPC) Limited, yesterday, adjusted the pump price of petrol by nearly 200 per cent, from N195 per litre to between N488 and N557 nationwide.