Browsing Tag
Subsidy
18 posts
President Tinubu vows to defeat vengeful subsidy beneficiaries, smugglers
President Bola Tinubu says his administration is deploying resources to critical sectors and areas that significantly impact the welfare of Nigerians.
Northern Christian Youth Professionals commends FG over 50% subsidy on transport fares
The Northern Christian Youth Professionals (NCYP) had commended the Federal Government’s initiative in subsidising 50 per cent of transportation fares for commuters during the yuletide along 22 major routes across the country.
Dangote, modular refineries abandon petrol refining over return of subsidy
Dangote Refinery and other modular refineries operating in Nigeria have shifted their focus away from refining premium motor spirit (PMS) due to the return of subsidies under President Bola Tinubu’s administration.
University of Ibadan staff to work three days weekly
The University of Ibadan (UI) Oyo State, has directed its staff to work for three days a week due to the subsidy removal.
Two months After Subsidy Removal: Life has become miserable, Nigerians tell Tinubu
Exactly two months after President Bola Ahmed Tinubu removed subsidy on petrol and said the decision would free up money for education, regular power supply, transport infrastructure and healthcare, Nigerians have started lamenting that they are yet to feel any positive impact of the policy.
President Tinubu orders immediate review of N8,000 cash transfer palliative
President Bola Ahmed Tinubu has ordered an immediate review of the proposed N8,000 cash transfer palliative to Nigerians to cushion the pains of the removal of payment of subsidy on petrol.
Federal Government to pay N8,000 to 12 million families for six months from World Bank loan
President Bola Tinubu has said N8,000 will be paid to 12 million Nigerian families for six months to cushion the effects of petrol subsidy removal.
Tinubu writes House Reps for N500b to cushion subsidy removal impacts
With five weeks left from the eight weeks the Federal Government and organised labour agreed for the conclusion of subsidy removal talks and palliatives, President Bola Tinubu on Wednesday, asked the House of Representatives to amend the 2022 supplementary appropriation Act to allow the Federal Government source N500 billion for palliative to cushion the effect of petrol subsidy removal.
EId Kabir: Muslim faithful groan as subsidy removal squeezes family budgets
With the recent petroleum subsidy removal, which has triggered a fresh spike in food prices, millions of Nigerian Muslims have expressed displeasure at rising deprivation, which they said, could ruin Id el Kabir for millions of faithful.
E-hailing drivers increase transport fares by 200 percent
Workers in the e-hailing services sector have reviewed transport fares upward by 200 percent. It also set N2000 as the minimum cost for a trip following the removal of fuel subsidy by the Federal Government.