Petrol Subsidy

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says a litre of Premium Motor Spirit (PMS) commonly known as petrol should sell for between N360 and N400 …

Barely three months to the expiration of the June deadline to commence discontinuation of petrol subsidy, the Minister of State for Budget and National Planning, Clem Agba has stated that …

Governor Nasir El- Rufa’i of Kaduna State has lamented that the huge amount of money being spent by the Federal Government to subsidise electricity, petrol and foreign exchange is no …

The Federal Government disbursed N173,200,284,779bn for the equalisation of more than 11.6 billion litres of Premium Motor Spirit (PMS) better known as petrol from 2019 to 2022, the Federal Ministry …

The Federal Government says N3.36tn has been allocated for fuel subsidy in 2023 as Nigeria’s debt profile hits $102bn. The Minister of Finance, Zainab Ahmed, who made this known on …

The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Comrade Festus Osifo, has disclosed the position of the union on the issue of petroleum subsidy …

President Muhammadu Buhari has said that oil subsidies will be discontinued in 2023. The President stated this while delivering his speech on the presentation of the 2023 budget proposal before …

Ahead of the 2023 budget presentation, the Federal Government on Monday reiterated petrol subsidy will remain in place until mid-2023. According to the Minister of Finance, Zainab Ahmed, the government …

Presidential candidate of the Labour Party in the 2023 elections, Peter Obi, on Thursday said Nigeria must end petrol subsidy. “Going forward, we must look for ways to move Nigeria …