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Home Tag Archives: Fuel subsidy

Tag Archives: Fuel subsidy

Peter Obi
Politics

Peter Obi urges supporters to ensure votes count in 2027, details economic reforms

By Priscilla Adeife
3 weeks ago
in :  Politics
0
2

Former presidential candidate of the Labour Party (LP), Mr. Peter Obi has urged his supporters to ensure their votes are counted in the 2027 election, and called for vigilance against manipulation. He also detailed how his administration would have managed subsidy removal and naira flotation to stabilise prices Also read: Children’s Day: Peter Obi advocates improved care for Nigerian children During …

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Alex Otti backs Tinubu
Politics

Otti backs Tinubu’s economic reforms, rejects 2027 political distractions

By Priscilla Adeife
3 weeks ago
in :  Politics
0
1

Abia State Governor, Dr.. Alex Otti has backed President Bola Tinubu’s economic reforms, which he said are difficult but necessary. He praised President Tinubu’s removal of the controversial fuel subsidy, calling it a bold move to reset Nigeria’s troubled economy. Also read: Marketers praise Tinubu on oil reforms, others Otti made the remarks during a weekend visit from former governor of …

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Opinion

Tinubu: 2 years of bold reforms, Renewed Hope

By Babajide Sanwo-Olu
4 weeks ago
in :  Opinion
0
3

It was just a harmless one-liner, but it became the most memorable part of that historic speech. ‘Subsidy is gone and gone for good’. That was President Bola Tinubu, on his inauguration at the iconic Eagle Square, Abuja on 29 May 2023. Besides being the most memorable part of that speech, the phrase became a vivid metaphor for all the …

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Opinion

Effects of fuel subsidy removal on Nigerians’ socioeconomic well-being

By Josephine Obisanya
30 December 2024
in :  Opinion
0
12

Fuel subsidy in Nigeria has ignited topical issues in national discourse, business circles and almost all sectors of the economy. The removal of the subsidy took effect on the inauguration of President Bola Tinubu on 29 May 2023. The government promised to channel money saved from petrol subsidy removal to important sectors, such as education and healthcare and reduce Nigeria’s …

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News

Buhari’s friendship with the poor made him not remove fuel subsidy – Adeshina

By Breezynews
18 December 2024
in :  News
0
5

Former spokesman to ex-President Muhammadu Buhari, Femi Adesina, has disclosed that his past principal didn’t remove fuel subsidy because he was a friend of the poor. Adesina disclosed that Buhari was concerned about the implications of fuel subsidy removal on the “ordinary” Nigerians. The former presidential spokesman made this known in a tribute to celebrate Buhari’s 82nd birthday. The tribute …

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News

Rethink subsidy removal, Naira odevaluation, MBF tells Tinubu

By Breezynews
11 November 2024
in :  News
0
27

The Middle Belt Forum (MBF), has urged President Bola Tinubu to rethink his economic policies, saying that the dual policies of removal of petrol subsidy and floating of the Naira have impoverished the masses and placed an enormous burden on Nigerians. The National President of MBF, Dr. Bitrus Pogu who spoke weekend in Makurdi said: “It does not require an …

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News

Nigeria to save N5.4t from subsidy removal in 2024, says Abiodun

By Breezynews
30 September 2024
in :  News
0
12

Ogun State Governor Dapo Abiodun has said Nigeria will save N5.4 trillion from fuel subsidy at the end of this year, following President Bola Ahmed Tinubu’s removal of the funding last year when he assumed office. The governor said it would have been disastrous for Nigeria to pay such a huge amount, if the nation was still operating the fuel …

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Economy

Subsidy removal will free up resources for critical investments – Tinubu

By Breezynews
11 September 2024
in :  Economy
0
14

President Bola Tinubu has said his administration took the decision to remove the subsidy on Premium Motor Spirit (PMS) because it would free up resources for critical investments in the country. He also said the courageous steps to reform Nigeria’s macroeconomic environment is focused on restoring confidence in the nation’s economy. Declaring open the 17th Annual Chartered Institute of Bankers …

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Economy

Analyst calls for policy reforms to stabilize Nigeria’s economy amid fuel subsidy, tariff challenges

By Oluwasemiloore Ige
27 August 2024
in :  Economy
0
22

In a bid to address the economic challenges currently facing Nigeria, a public affairs analyst, Okanlawon Olanrewaju, has urged the federal government to reassess its policies, particularly those related to petrol and electricity. Olanrewaju made this call during an interview on our correspondent, Oluwasemiloore Ige,  where he emphasized the critical role of petrol and electricity as the major determinants of …

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News

Atiku knocks Tinubu’s administration over fuel subsidy, refinery delays

By Breezynews
19 August 2024
in :  News
0
21

Former Vice President Atiku Abubakar has criticised President Bola Tinubu’s administration, accusing it of covertly continuing the fuel subsidy on Premium Motor Spirit despite previous claims to the contrary. In a statement on Monday via X, Atiku expressed concerns and accused the federal government of lack of transparency, contrasting Tinubu’s public declaration that the subsidy regime had ended with recent …

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Timeline

  • 4 hours ago

    NGE inducts Mikail Mumuni, 8 others, as members

  • 7 hours ago

    TASUED refutes alleges extortion from students, says TRCN fee not mandatory

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    Over 100,000 Nigerians benefit from credit scheme, 400,000 more on queue — Tinubu

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