Petrol Subsidy Removal

2 Minutes

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Petrol subsidy removal necessary for Nigeria not to go bankrupt— Tinubu

Akanji Philip April 29, 2024 0 Comment

President Bola Tinubu says the removal of the petrol subsidy was necessary to prevent Nigeria from going bankrupt. Tinubu had announced the removal of the subsidy on May 29, 2023 — a development...

FG to splash $800m to Nigerians as palliative for petrol subsidy removal

VAM News April 5, 2023 0 Comment

VOICE AIR MEDIA News Update THE federal government says it has secured the sum of $800 million from the World Bank, as part of its post-subsidy palliative plans. Zainab Ahmed, minister of finance, budget...

JUST IN: FG Suspends Planned Petrol Subsidy Removal

VAM News January 24, 2022 0 Comment

The federal government has suspended the planned petrol subsidy removal till further notice Recall that the Federal government had planned to stop subsidy payments on petroleum products from July this year. Zainab Ahmed, minister...