Increased Band A Tariff Has Reduced Electricity Subsidy to N1 Trillion – Minister of Power
Minister of Power, Adebayo Adelabu, said that the implementation of a higher tariff band A has led to a decrease…
Tag: Subsidy Removal
Removing Fuel Subsidy Saved Nigeria from Bankruptcy – Tinubu
President Bola Tinubu said, on Sunday, that Nigeria would have gone bankrupt if his administration had not discontinued fuel subsidy…
36 States Expected to Receive N5.5 Trillion through FAAC in 2024
Projections indicate that the 36 states in Nigeria are expected to receive a total of N5.5 trillion through the Federation…
Petrol Should Sell for N750, As World Bank Economist Reveals Partial Return of Fuel Subsidy
The World Bank has stated that the Federal Government may still be paying for fuel subsidy, It said the price…
Former NBA Chair, Agbakoba Offer Ideas to Reduce Price of Petrol to N300, Some Sectors to Raise N100 Trillion
Former President of Nigeria Bar Association, NBA, Dr. Olisa Agbakoba, SAN,offering ideas on how to reduce the price of petrol…
Oil Marketers Replies FG, Insists Subsidy Still In-Practice, Pump Price of Petrol Should be N800/L
Oil marketers, on Tuesday, countered the position of the Federal Government, as they insisted that the current pump price of…
Report: Petroleum Depots Deserted, Landing Cost of Petrol Now N720/L Due to High Foreign Exchange
Many petroleum products depots are currently deserted due to lack of products caused by foreign exchange rate volatility, as the…
Zamfara: AbdulAziz Yari Donates 145 Trailer Loads of Maize as Palliatives
Former Zamfara Governor, Sen. Abdul’aziz Yari has donated 145 trailer loads of maize as palliative to people of the state.…
Breaking: DSS Apprehends Suspects Over Palliatives Diversion
The Department of State Services (DSS) has received reports from some State Governments relating to diversion or sale of palliatives…
Lagos: Sanwo-Olu Flags Off Distribution of Palliatives, Targets 500,000 Vulnerable Residents
Lagos State governor, Bababjide Sanwo-Olu has flagged off the distribution of various palliative items targeted to reach at least 500,000…
Makinde to Flag Off Distribution of Food Palliatives in Oyo Town Today, Other Zones Commence Simultaneously
The Oyo State Executive Council (ExCo) met yesterday to approve the expenditure on the Sustainable Actions for Economic Recovery (SAfER)…
Oyo: Makinde Gives Update on Distribution of Food Relief Package
The Oyo State Governor, ‘Seyi Makinde has provided an update on the distribution of the Food Relief Package in Thursday’s…
Oyo: UI Directs Staff to Revert to Normal Work Schedule, Awaits Govt Intervention
The University of Ibadan has announced that all members of staff should revert to the normal work schedule, effective from…
Report: States to Begin Palliatives Loans Repayment By Dec, FG Gives Three-Months Grace
State governments who have benefited from the new subsidy palliatives have until December before they begin the repayment process, News247Naija…
Yobe: More Vulnerable Households Get Food Support as Palliatives
Governor Mai Mala Buni has presented Food Baskets to more than 3,000 vulnerable Households in Jakusko Local Government Area to…
NNPC Ltd Secures $3B Emergency Crude Repayment Loan from AFREXIM Bank
The NNPC Ltd. and AFREXIM Bank have jointly signed a commitment letter and Term sheet for an emergency $3billion crude…
Borno: Gov. Zulum Sustains Distribution of Palliatives Within Maiduguri
In the continual effort to support the sustainability of lives of the common man during this time of subsidy removal,…
Subsidy Remains Gone, Petrol Price Will Not Increase, Tinubu Assures
President Bola Tinubu on Tuesday assured Nigerians that there will be no increase in the pump price of Premium Motor…
Gombe: Gov. Yahaya Flags-Off Distribution of Food, Agricultural Inputs, Targets 450,000 Beneficiaries to Lower Impact of Subsidy Removal
In keeping with his administration’s commitment to the welfare and well-being of the people, Gombe State Governor, Muhammadu Inuwa Yahaya,…
