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Fuel subsidy removal

Nigeria to borrow more as FG shifts subsidy removal beyond June

THE Federal government has suspended the scrapping of petroleum subsidy in June amid concerns of more borrowings and huge...

Subsidy removal: FG to disburse $800m World Bank fund for palliatives

THE Federal Government has secured $800 million from the International Bank for Reconstruction and Development (World Bank), as part...
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N13.7trn spent on fuel subsidy in 15 years — NEITI

THE Nigeria Extractive Industries Transparency Initiative (NEITI) has said N13.7 trillion ($74.386 billion) was spent on fuel subsidy from...

IMF insists on removal of subsidy, advises FG to increase taxes

Two weeks after the Federal Government announced the suspension of the plan to remove fuel subsidy, the International Monetary...
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