Subsidy
Dangote Refinery Lowers Petrol Price to N865/Litre
Dangote refinery has announced a reduction in its ex-gantry loading cost of petrol to N865 per litre for marketers and customers. This new...
Nigeria’s Power Grid on Edge: Financial Strain Threatens Blackouts
The Nigerian power sector, a cornerstone of economic stability, is teetering on the brink of collapse. Despite repeated assurances from President Bola Tinubu’s...
Power Sector Grapples with N4 Trillion Debt, Fueling Industry Exodus
A staggering N4 trillion debt burden is crippling Nigeria’s power sector, prompting manufacturers to abandon the national grid and raising serious concerns about...
Nigeria Refineries: A Paradox of Plenty and Scarcity
Nigeria’s oil refining sector presents a complex paradox. While the nation boasts a combined refining capacity of 985,000 barrels per day across its...
Petrol Subsidy is Unsustainable and Must End – Dangote Urges FG
Aliko Dangote, founder of Dangote Petroleum Refinery, has called on the federal government to remove subsidy on petrol, describing the current arrangement as...
NNPC Ltd Denies Inflating Fuel Subsidy Claims by N3.3 Trillion
The Nigerian National Petroleum Company Limited (NNPC Ltd) has denied allegations reported in some media outlets that it inflated its fuel subsidy claims...
FG confirms removal of subsidy on electricity
The Federal Government says it has succeeded in removing subsidy on electricity tariff. Minister of Finance, Budget and National Planning, Zainab Ahmed, said this...
Jonathan Spent Over N1.2trn On Subsidy – Adams Oshiomhole
Edo State Governor Adams Oshiomhole on Sunday berated the immediate past President, Dr. Goodluck Jonathan, for allegedly appropriating over N 1.2 trillion, more...