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Tag: Fuel Subsidy

National

Tinubu Insists Fuel Subsidy Will Not Return

President Bola Tinubu has reiterated that his administration will not return to the fuel subsidy regime, describing its removal as a necessary step to prevent further damage to Nigeria’s economy. Tinubu spoke during a meeting with the City Boy Movement, a youth-driven political and advocacy group supporting his administration. The President says Nigeria was at […]

National

NRS Chairman Says Subsidy Removal Best Decision for Nigeria

The Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has described the removal of petrol subsidy as the best thing to have happened to Nigeria, saying President Bola Tinubu deserves commendation for taking the decision. Speaking during an interview on Channels Television’s Sunday Politics, Adedeji said the positive economic outcomes being recorded by the […]

National Politics

APM Demands Account Of Fuel Subsidy Savings From Tinubu Administration

The Allied People’s Movement (APM) has called on the Federal Government to publish a detailed and independently verifiable account of the funds realised from the removal of fuel subsidy since May 2023. In a statement issued by its National Publicity Secretary, Abubakar Yusuf, the opposition party said the demand was prompted by worsening economic hardship, […]

Business Finance Headlines

FG Will Not Restore Fuel Subsidy, Oyedele Insists

The Federal Government has reiterated that it will not reintroduce fuel subsidy, despite growing concerns over the rising cost of living following its removal. Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, made the position known on Tuesday during an engagement with global investors in Paris, France, alongside President Bola Ahmed Tinubu. […]

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