Economy

Fuel Subsidy Removal: SGF Assures Nigerians of Better Days Ahead

Web News 24 July 2023 349 0

The Secretary to the Government of the Federation (SGF) George Akume is assuring Nigerians of the government’s plans to ease the pains of the hike in the price of petrol. Since the removal of the petrol subsidy, there has been a hike in the price of the commodity. Earlier sold for about N190 Continue Reading

Transportation

Drivers Lament Hardship Due to Petrol Price Hike

Web News 20 July 2023 286 0

Adenitan Akinola  The leadership of Commercial Minibus Drivers’ commonly known as ‘Korope’ in Osogbo, are lamenting the pains being experienced by motorists and Nigerians due to fuel subsidy removal. The Drivers stormed the popular Olaiya flyover on Wednesday, where they expressed their grievances and shortages that have befallen them due to increase Continue Reading

Energy

Subsidy Removal: Petrol Pump Price Skyrockets

Web News 30 May 2023 827 0

The downstream end of the Nigerian petroleum industry has gone into a frenzy as operators respond to the immediate removal of subsidy on petrol with a sharp hike in pump price just as consumers crowded to the petrol stations. Commercial transporters have also hiked their trip fares across the country in response to the developments […]Continue Reading

Energy

IPMAN Kicks Against Tinubu’s Planned Fuel Subsidy Removal

Web News 30 May 2023 1266 0

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has opposed the plan by President Bola Tinubu to enforce his predecessor’s decision to remove fuel subsidy by June end. Tinubu had earlier on Monday, in Abuja, affirmed that his administration would not continue to pay subsidy on petroleum products. He said given the high opportunity cost […]Continue Reading