Petrol Subsidy

As the energy industry prepares for the removal of subsidy on Premium Motor Spirit otherwise known as petrol, the Federal Government says with consideration and possible action, the policy will …

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 …