Tag: Fuel subsidy
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Buhari says fuel subsidy will not be removed for now – Senate President
Senate President Ahmed Lawan has assured Nigerians that subsidy on Petroleum Motor Spirit (PMS) will not be removed for now as being reported by...
FG Spent N650.2 billion on Petrol Subsidy in 12 Months — NNPC Report
A new report by the Nigerian National Petroleum Corporation (NNPC), has revealed that the Federal Government spent a total of N650.2 billion on petrol subsidy between April 2018 to March 2019.
Ending Fuel Subsidy could gain up to 4% of Global GDP–IMF
Fuel subsidy in Nigeria has been a subject of discussion among the stakeholders of the country’s economy. In what appears to be a second attempt to save the country’s economy which presently bites, the International Monetary Fund (IMF) has reiterated the need for Nigeria and other countries that still retain the policy of subsiding fuel consumption to put an end to the policy.
