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Fuel subsidy

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BREAKING: FG Insists Subsidy Is Gone, Asks Nigerians To Disregard Viral Documents

June 6, 2024 Gistcore 0

The Federal Government is insisting that the era of petrol subsidy is “gone for good.” It said this while reacting to a leaked draft copy […]

Imf tinubu

Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Nigerian Oil Revenue In 2024, IMF Warns

May 10, 2024 Gistcore 0

The implicit subsidy will cost Africa’s largest crude producer an estimated 8.43 trillion naira ($5.9 billion) of its projected 17.7 trillion naira of oil revenue, […]

Tinubu 54

Fuel Subsidy Removal Necessary For Nigeria Not To Go Bankrupt – Tinubu

April 28, 2024 Gistcore 0

President Bola Tinubu has insisted that his administration’s decision to remove the petrol subsidy was very necessary to prevent the country from going bankrupt. Tinubu […]

Imf tinubu

Nigerians React As IMF Claims Tinubu-Led Government Has Secretly Returned Fuel Subsidy

February 14, 2024 Gistcore 0

It was earlier reported that the IMF called on Tinubu’s government to ensure a complete phase-out of fuel and electricity subsidies despite the rising inflation […]

Nnpc

Without subsidy petrol ‘ll cost N462/ltr, says NNPCL

September 4, 2022 Gistcore 0

Without Federal Government’s subsidy on premium motor spirit (petrol), consumers would be paying N462 per litre, the Nigerian National Petroleum Company Limited, NNPCL, has disclosed. […]

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