Tinubu Approves Use of Federation Dividends to Fund Petrol Subsidy
President Bola Tinubu has approved the request of the Nigerian National Petroleum Company Limited (NNPCL) to use the 2023 dividends ...
Tag: Subsidy
FG to Provide Subsidy and Grants for Solar Mini-Grids in Nigeria through World Bank’s $750m Loan
The federal government plans to provide subsidy to developers and operators of solar mini-grids in unserved and underserved areas in ...
IMF Urges FG to Phase Out Subsidy on Electricity Completely
The International Monetary Fund (IMF) has advised President Bola Tinubu-led administration to completely phase out electricity subsidy in the country, ...
FG to grant Wheat Farmers 50% Subsidy
Minister of Agriculture Abubakar Kyari has revealed the Federal Government is granting a 50% subsidy to wheat farmers in the ...
Subsidy Removal: Nigeria’s Petrol Consumption Rate drops by 33%
The minister of state for environment, Kunle Salako, has said that Nigeria’s petrol consumption rate dropped by 33 percent on ...
Infrastructure Bank to provide N13bn to mitigate effects of Subsidy Removal
Financial assistance to the tune of N13 billion will be provided by the Infrastructure Bank to mitigate the consequences of ...
Subsidy Removal: TUC Lists Conditions To FG
The Trade Union Congress (TUC), at the weekend, gave the Federal Government conditions to meet before the final removal of ...
PIB: Petrol To Sell as N162 as FG Keeps Subsidy
Disproving widespread expectations that the signing of the Petroleum Industry Act (PIA) would usher in the deregulation of the downstream ...
FG To Increase Petrol Pump Price as Subsidy No Longer Feasible
Group General Manager, Nigerian National Petroleum Corporation, Mele Kyari, yesterday, delivered the fatal news that the current government monthly subsidy ...
FG Subsidises Petrol by N102bn Monthly
As the Federal Government continues to subsidise the price of petrol, it incurs a minimum of N102.5 billion monthly to ...
