Subsidy

Even as Nigerians continue to lament the recent hike in the price of petrol occasioned by the removal of subsidy on petroleum products, Deposed Emir of Kano and former governor of the Central Bank of Nigeria (CBN), Sanusi Lamido on Thursday…

The Federal Government spent N8.94 trillion on petrol subsidy during a 10-year period between 2006 and 2015, according to the Petroleum Products Pricing Regulatory Agency (PPPRA).‎ Data from the PPPRA showed that in 2006, 2007,…

says N10tn spent in 14 years without results Even as Nigerians continue to grumble over the hike in the price of the premium motor spirit, (PMS), the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari says…

Amidst growing outrage over the increases in fuel price and electricity tariff, President Muhammadu Buhari on Monday lamented that government revenue had shrunk by 60 per cent due to the COVID-19 pandemic, but however ruled out…