About 63 per cent of Nigerians fell below the poverty line after the removal of petrol subsidy, according to a new study that examined the welfare impact of the country’s recent economic…
Tag: Subsidy Removal
BREAKING: Nigeria gets W’Bank $1.5bn for subsidy removal, tax bills
The World Bank has fully disbursed a $1.5bn loan to Nigeria following the Federal Government’s implementation of key reforms, including removing fuel subsidies and introducing comprehensive tax policies. The loan, part…
Economist warns against monopoly, says “Nigeria not ripe for total subsidy removal”
An economist and public affairs analyst, Dr Samson Simon has urged the Federal Government not to heed advice for the total removal of subsidy on petrol. Simon, who is the Chief…
Subsidy Removal: FG Launches N1 trillion Palliative for Nigerians
Voice Air Media, News Update President Bola Tinubu on Thursday gave all state governors seven days to provide concrete feedback on their plans to accelerate food production in their respective states. Tinubu…
Electricity tariff increase loom as FG hints on subsidy removal
THE Federal Government is set to phase out electricity subsidies, with plans for a gradual tariff hike aimed at reducing the financial burden on government expenditures. Minister of Power, Adebayo Adelabu, made…
Subsidy removal: Ogun inaugurates CNG-powered buses
Ogun State Governor, Dapo Abiodun, on Monday, launched the maiden Compressed Natural Gas- powered Mass Transit Buses, as part of efforts to cushion the effects of the subsidy removal by the Federal…
Subsidy removal: Presidency Names Price Of CNG Per Kg
VAM News Update THE Federal Government has disclosed that the price of Compressed Natural Gas (CNG) will be reduced to N230 per kg. FG stated that the planned rollout of Compressed Natural…
Subsidy Removal: NLC Ends Warning Strike, Declares Next Move
VOICE AIR MEDIA THE Nigeria Labour Congress (NLC), on Wednesday, announced an end to its two-day warning strike, asking its members all over the country to resume work. In a statement, NLC…
Subsidy Removal: Edo to begin free transport service
Voice Air Media THE Edo State Governor, Mr. Godwin Obaseki, has approved free transport service for passengers across all Edo City Transport Ltd (ECTS) routes to cushion the effect of the fuel…
Subsidy removal: Delta govt approves N10 billion for palliatives
VAM News Update THE Delta State Executive Council, on Wednesday, approved the sum of N10bn as a social investment to fund palliatives for residents of the state. This was part of the…