The federal government) has shelved plans to remove subsidy on Premium Motor Spirit (PMS), commonly called petrol, until a new administration takes over the reins of government. According to a …
Subsidy
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Business
Senate receives Buhari’s request for additional 2.557trn for petrol subsidy in 2022 Act
by Adminby AdminThe Senate has received a request from President Muhammadu Buhari to amend the 2022 Appropriation Act passed by the National Assembly in December, 2021. The request was contained in a …
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has given its support to the Federal Government’s plan to remove subsidy on Premium Motor Spirit (PMS), also known as petrol by …
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BusinessNews
(Video) Petrol: FG considers N234 per litre, but Labour says it’s a joke for Nigerians to pay for govt’s inefficiency
by editorby editorThe Federal Government is boldly getting out of its denial of paying subsidy of a whopping N1 trillion annually on petrol, even as a damning video has gone viral of …
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The Nigerian National Petroleum Corporation, NNPC, paid itself N1.53 trillion as subsidy on Premium Motor Spirit, PMS, also known as petrol, in three years and six months, from January 2017 …
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By Maryam I. Shettima Mr President is in the eye of the storm recently for bravely realizing the inevitable expungement of the fuel subsidy in Nigeria, brave due to the …
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By Farouk Adejoh-Audu In January 2012 international crude price had stabilized at $140…Jonathan’s government declared it was removing subsidy and NNPC announced a new pump price of N97 which led …