FG Commences oil subsidy arrears payment process
The Federal Government, Wednesday announced that it has commenced the process for the settlement of oil subsidy arrears to the oil marketers through the promissory notes
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Tag: oil subsidy
TUC lambasts Tinubu over renewed call to remove oil subsidy
The Trade Union Congress of Nigeria (TUC) has condemned the push for the removal of subsidy by the National Leader of the All progressives Congress (APC) and former Governor of Lagos State, Asiwaju Bola Tinubu.
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Remove oil subsidy now, World Bank tells Buhari
Against the backdrop of the current fuel crisis across the country showing no sign of abating, the World Bank, yesterday, told President Muhammadu Buhari that the time to remove petroleum subsidy is now.
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N979.6m subsidy fraud: Oil marketer has escaped to Canada, says EFCC
The Economic and Financial Crimes Commission (EFCC) on Thursday told an Ikeja High Court that an oil marketer, Oluwaseun Ogunbambo, charged with N979.6 million subsidy fraud, has fled to Canada.
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Kill subsidy before it kills us!
This week, we will closely examine the inference of the sum of $8.9bn (about N1.4tn) that NNPC confirmed it legitimately retained as fuel subsidy between January 2012 and July 2013!
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