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Petrol Subsidy

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EconomyEnergy & OilNews

Nigeria’s Petrol Subsidy Debt Hits N7.74 Trillion

The Federal Government’s debt to the Nigerian National Petroleum Company Limited (NNPCL) for exchange rate differentials on petrol imports has surged to N7.74...

Bola Tinubu
News

Tinubu: No Regrets Removing Petrol Subsidy, It Was Necessary

President Bola Ahmed Tinubu has stated that he has no regrets about his administration’s decision to remove the petrol subsidy, describing it as...

Energy & OilTop stories

Petrol Subsidy Removal: What You Need to Know

The recent increase in petrol prices before June has raised concerns and questions among Nigerians. Understanding the reasons behind this price hike and...

Asiwaju Bola Tinubu
News

Tinubu Declares End of Petrol Subsidy Era

In a groundbreaking inaugural speech as the newly elected President of Nigeria, Bola Tinubu boldly declared an end to the long-standing petrol subsidy...

News

FG Resumes Payment Of Petrol Subsidy

The Federal Government has said it would pay subsidy on Premium Motor Spirit (PMS) from the recoveries made in the first quarter of...