Fuel Subsidy

As of January 2024, the average price of gasoline in Nigeria was N668.30 per liter. Since the hike in fuel petrol price, Nigerians have been seeking for means to economise the use of petrol, especially for those driving a car. During…

World Bank has warned the President Bola Tinubu-led government not to bring back fuel subsidy as pressure continues to mount over the hardship suffered by Nigerians as a result of its removal. Newsindicator recalls that President…

President Bola Tinubu has signed the 2023 N2.17 trillion supplementary budget into law. Tinubu assented to the supplementary appropriation bill on Wednesday. Last Thursday, the Senate and the House of Representatives passed the…

The federal government has so far saved about N1.45tn from earnings generated from the removal of subsidy on Premium Motor Spirit, popularly called petrol between June and September. This is according to FAAC allocation documents…

The Federal Government has announced a N5bn palliative for each state of the federation, including the Federal Capital Territory to cushion the impact of the removal of the petrol subsidy. The governor of Borno State, Babagana Zulum,…

Not long ago, Adeola Olatunde (not his real name) fell ill and was admitted to hospital. At a point, his condition became so critical that help had to be sought from public-spirited individuals. Eventually, former Governor Gboyega Oyetola…

Mele Kyari, the Managing Director of the Nigeria National Petroleum Company Limited,
has said that the new administration of President Bola Ahmed Tinubu has directed the provision of certain palliatives to help cushion the adverse impact of…

Over the years, one thing has been very clear about Nigeria and its leaders: we do not lack good ideas and initiatives. What is lacking is courage and political will to do the right thing at the right time. This is why I commend…