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Tag: Fuel subsidy

Oil marketers: Petrol price inches to N900/litre as FG may pay N1.68trn for fuel subsidy in 3 months

Posted on June 10, 2024

According to a study of data provided by oil marketers and the industry, the Federal Government may spend roughly N1.68 trillion as a subsidy on Premium Motor Spirit, also known as petrol,…

Fuel subsidy: NLC issues two-day warning strike

Posted on September 1, 2023

The Nigeria Labour Congress (NLC) has announced a two-day warning strike, starting on Tuesday, September 5, in retaliation against the Federal Government’s failure to solve the problems brought on by the elimination…

BREAKING: Nigerian fuel demand drops by 30% – NNPCL GMD

Posted on September 1, 2023

Since President Bola Tinubu declared the end of fuel subsidies in May, there has been a 30% decrease in fuel demand. At a press conference on Friday, Mele Kyari, the Group Managing…

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