Fuel Subsidy

Fuel Scarcity: Federal Govt denies removing petroleum subsidy

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The Federal Government says it has not removed subsidies on the Premium Motor Spirit (PMS), otherwise known as fuel. Chief Timipre Sylva, Minister of State for Petroleum Resources, disclosed this while speaking with journalists on Monday in Abuja. The minister spoke on the sidelines of the Nigerian Midstream and Downstream PetroleumContinue Reading

FG Postpones fuel subsidy removal till further notice

By: IMB Kallamu

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The Minister of Finance, Budget and Economic Planning, Hajia Zainab Ahmed, said in Abuja on Monday that the Federal Government had postponed the planned removal of subsidy on petroleum products till further notice. Ahmed stated this at a meeting held at the National Assembly. The meeting was convened at theContinue Reading