How Nigeria should address subsidy issue
The recent call by the International Monetary Fund to the Federal Government to end subsidy on petrol, followed by a sudden re-appearance of long queues at filling stations across the country, has once again put the government in a tight corner over how to deal with the matter.
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No plan to remove fuel subsidy now — FG – Daily TrustThe Federal Government has again clarified its stance on the removal of fuel subsidy, saying it had no plan to do so in the immediate future.
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No plans to remove fuel subsidy now – FG – Daily Trust…As fuel scarcity hits parts of Southwest …No cause for alarm – PPPRA The Minister of Finance, Mrs. Zainab Shamsuna Ahmed has said the federal government will not remove subsidy at this moment because there are no buffers to cushion the effects. The minister made the commitment yesterday at the closing press briefing at the …
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NECA to FG: Remove oil subsidy, manage debt profile – Daily TrustThe Nigeria Employers’ Consultative Association (NECA) has called for the deregulation of the downstream sector of the oil and gas industry to boost the economy. The Director General of NECA, Mr. Timothy Olawale, at a stakeholders’ meeting of manufacturers on Monday in Lagos, said except fuel subsidy was removed, Nigerians would continue to suffer intermittent …
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FG must review fuel subsidy now – NAEE – Daily TrustThe Nigerian Association for Energy Economics (NAEE) has added its voice to the numerous calls for the Federal Government to end subsidy on petrol. The International Monetary Fund had during the week called on the government to remove fuel subsidy, saying it was the right thing to do.ADVERTISEMENT Speaking at a press conference at the …
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Shehu Sani speaks on fuel subsidy removal - Daily Post NigeriaShehu Sani, the Senator representing Kaduna Central has reacted to rising reports on plans by the Federal Government to remove fuel subsidy in Nigeria. The
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NUPENG, PENGASSAN speak on IMF advice for fuel subsidy removal - Daily Post NigeriaWorkers in the oil and gas sector on Sunday advised President Muhammadu Buhari to shun any counsel that would destabilise or cause chaos in the economy. Th
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Nigerian govt gives condition for fuel subsidy removal - Daily Post NigeriaThe Federal Government has given conditions for the removal of subsidy on premium motor spirit, also known as petrol. The conditions include: provision of
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Fuel subsidy removal: NLC reacts to IMF's advice to Buhari govt - Daily Post NigeriaThe Nigerian Labour Congress (NLC) has cautioned the Federal Government against implementing the recommendation of the International Monetary Fund (IMF) on
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Addressing Human Cost of Mismanagement of LADOL Free Zone – Daily TrustOn Monday, April 8, 2019, an operative of the Nigerian Security and Civil Defence Corps (NSCDC) in the LADOL Free Zone in Lagos shot and killed his colleague during an argument at the Free Zone. He then shot and has seriously injured a Korean employee of SHI-MCI FZE, who later died at the hospital as …
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FG steps up measures to address smuggling, insecurity across border – Daily TrustThe Minister of Foreign Affairs Geoffrey Onyeama says the Federal Government has stepped up measures to address challenges of smuggling and insecurity at the nation’s borders. Onyeama said this on Monday, in Abuja, after a joint ministerial meeting with his Agriculture and Rural Development counterpart Audu Ogbeh, over cross border issues.ADVERTISEMENT The joint ministerial meeting …
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Task Force issues 72-hour quit notice to food vendors operating opposite Airport Hotel – Daily TrustThe Chairman of the Lagos State Taskforce, Olayinka Egbeyemi, yesterday issued a 72-hour notice to food vendors operating on an access road opposite the Airport Hotel, Awolowo Road, Ikeja, to relocate from there or face the wrath of the law. Egbeyemi noted that the activities of the traders were preventing residents of the area from …
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