Fuel subsidy

In an interview with Channels Television on Thursday, February 1st, Information Minister Mohammed Malagi defended the government's decision to remove fuel subsidy, despite the rising cost of living and inflation that followed. He…

The Minister of Information and National Orientation, Mohammed Malagi, says Nigerians will soon begin to feel the positive impact of the removal of petrol subsidy. The minister stated this on Tuesday when he received Governor Umar…

Tope Ajayi, the Senior Special Assistant to the President on Media and Publicity, stated on Tuesday that the Bola Tinubu administration has no plans to reinstate fuel subsidy. Ajayi made the claim on X, formerly known as Twitter,…

As crude oil prices and currency rates continue to surge, President Bola Tinubu is taking into consideration a "temporary subsidy" on petrol. According to presidency insiders who spoke to TheCable, there hasn't been a final decision…

Following Nigeria's removal of fuel subsidy, which mostly decimated domestic demand in the country and a regional market for smuggled fuel, one of Europe's major markets for petrol has diminished and is now threatening to put pressure…

As part of intervention plans to lessen the effects of the discontinuance of petroleum subsidy as announced on May 29, 2023, the National Economic Council said on Thursday in Abuja that it had taken into consideration recommendations…

The Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) have petitioned the National Industrial Court in Abuja to overturn an interim decision that forbade the unions from going on strike in opposition to the Federal…

Organised Labour said it has not reached an agreement with the Federal Government on its demands following the removal of subsidy on petroleum products. Labour said all its demands have been harmonised and presented to the government…

The Nigeria Labour Congress (NLC) said on Tuesday that it has decided to postpone its statewide strike against the elimination of fuel subsidies because the government had shown a readiness to engage in talks and offer "reasonable…

The Presidential Candidate of the Labour Party (LP), Peter Obi, has said that his support for the removal of subsidy paid on petroleum products is true but with a condition that should be empirical to the people. Peter Obi made this…

The 2023 Presidential Election Petition Courts sitting at the court of Appeals in the Federal Capital Territory Abuja and other election petition courts sitting across the 36 States of the federation would be shut down this week as the…

The Nigeria Labour Congress (NLC) denies reports to the contrary that it intends to go on strike on Friday in protest at the elimination of the petrol subsidy. In his inaugural address on Monday, President Bola Tinubu said that the…

The federal government's decision to remove fuel subsidy has raised a number of questions, including the effectiveness of the proposed palliatives and the likelihood of higher inflation. The government has announced a N800 billion…

Festus Keyamo, a former minister of state for employment, referred to claims that President Bola Tinubu had eliminated fuel subsidies as malicious on Tuesday. In a statement published on his Twitter page, Keyamo stated that Tinubu's…

The Federal Government has shelved plans to remove fuel subsidy by June 2023. This was indicated by the Minister of Finance, Ahmed Zainab, on Thursday, shortly after the National Economic Council meeting, chaired by…