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Fuel subsidy

FG, labour face-off worsens crisis of PMS deregulation in penultimate election year

THE Federal Government's current face-off with the Nigeria Labour Congress (NLC) will likely worsen the crisis of full deregulation of the petroleum downstream sector,...

Nigerian government’s indecision on fuel subsidy compounds economic woes

THE Nigerian government is unable to make a resolute decision on fuel subsidy removal, compounding the country's economic woes and putting the future of...

FG owes contractors N306b, should increase VAT— Fashola

BABATUNDE Fashola, Minister of Works and Housing, says the Federal Government still owes contractors working on federal road projects across Nigeria up to N306...
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Nigerian economy is “stuck like stranded truck” under Buhari ─ Economist

THE Economist magazine has described the Nigerian economy under the administration of President Muhammadu Buhari as being "stuck like a stranded truck" where Nigerians...

Reports of impending fuel scarcity is a hoax, says NNPC

THE Nigerian National Petroleum Corporation (NNPC) has asked Nigerians to disregard the rumours of impending fuel scarcity as there are enough petroleum products to last...

IMF advises Nigeria to remove fuel subsidy at the time state govts still owe many months’ salaries

CHRISTINE Lagarde, managing director of the International Monetary Fund, has advised Nigeria and other countries who subsidise fuel to stop. Addressing the press on Thursday...
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Buhari defends N305 billion petrol subsidy in his N8.83 trillion 2019 budget

PRESIDENT Muhammadu Buhari has presented a budget proposal of N8.83 trillion for 2019 to a joint session of the National Assembly on Wednesday. He ...

Health budget: Buhari spends only N5 per citizen per day, says Peter Obi

VICE presidential candidate of the Peoples Democratic Party (PDP), Peter Obi, says Nigeria's current health budget translates to N5 per citizen daily. Obi, speaking during...

Recent

EFCC finally arrests Okorocha after laying siege to his residence

AFTER hours of laying siege to his Abuja residence, the Economic and Financial Crimes Commission (EFCC) has finally arrested...

Court stops Oluomo, others from collecting levies

A Federal High Court in Lagos has stopped the former chairman of the National Union of Road Transport Workers...

Ghebreyesus overcomes criticisms over Ebola, COVID-19, re-elected as WHO DG

THE World Health Assembly has re-elected Tedros Ghebreyesus as the Director-General of the World Health Organization (WHO). He was re-elected...

Ukraine, other conflicts push number of displaced persons above 100 million for first time

THE number of people forced to flee conflict, violence, human rights violations and persecution has now crossed the staggering...

Inflation: Nollywood producer Aremu Afolayan slams Osinbajo

NOLLYWOOD actor and movie producer Aremu Afolayan has lamented the fragile state of Nigeria's economy after he allegedly changed...
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