Nigeria: SERAP Sues Federal Govt Over ‘Missing’ $2.1bn, N3.1trn Subsidy Payments/in /by
[Leadership] A rights group, Socio-Economic Rights and Accountability Project (SERAP), had dragged the federal government before the Federal High Court in Lagos over its alleged failure to probe allegations that $2.1 billion and N3.1 trillion public funds are missing, or unaccounted for, between 2016 and 2019.
Nigeria: Yes to Subsidy Removal, but Tinubu Should Go the Whole Hog/in /by
[Premium Times] The truth is: it is not going to be easy economically henceforth for the average Nigerian. The new order will stoke inflation, currently at 22 per cent.
Nigeria: CPPE Proposes Measures to Mitigate Effects of Subsidy Removal/in /by
[Premium Times] The think tank advised that gross monthly salaries of N200,000 and below should be exempted from payment of Personal Income Tax (PAYE)
Nigeria: Fuel Subsidy Removal – School Owners Groan, Seek Government’s Assistance/in /by
[Vanguard] School owners in the country under the auspices of the National Association of Proprietors of Private Schools, NAPPS, have cried out to the government to assist them in coping with the fallouts from the removal of fuel subsidy that has increased their cost of running their schools.
Nigeria: As Fuel Subsidy Goes, Nigerian Govt Must Cut Cost of Governance/in /by
[Premium Times] Fuel subsidy is popular with ordinary Nigerians who regard it as a rare benefit of the country's oil wealth.
Nigeria: TotalEnergies to Speak On Exploration Campaign in Nigeria, Others At Aew/in /by
[Leadership] TotalEnergies' huge exploration campaigns in Nigeria and other parts of Africa has sustained the company's assurances with promises of new opportunities for energy security in Africa especially on the back of oil and gas investment and development.
Nigeria: ExxonMobil President Visits Tinubu Amid Lingering Stalemate Over $1.3bn Oil Assets Sale/in /by
[This Day] Abuja -- President Bola Tinubu yesterday pledged to ensure competition in the oil and gas industry in the country, following a visit by officials of ExxonMobil Nigeria, to the State House in Abuja.
Nigeria: Nigeria’s Refineries Would’ve Been Working If Subsidy Was Removed in 2011 – Federal Lawmaker/in /by
[Premium Times] "It's shameful that after over 60 years of exploration we can't refine fuel."
Nigeria: Nigeria Plans to Surpass OPEC Oil Quota – Official/in /by
[Premium Times] "In recent times, there has been increase in the volume of crude oil production and decrease in oil theft."
Nigeria: Nigerian Crude Takes New Hit As Buyers Turn to Cheaper Russian Grade/in /by
[Premium Times] Traders are flocking to the Urals crude blend because they see the Nigerian grades as relatively pricey, with traders reluctant to offload the country's cargoes.