The International Monetary Fund (IMF) says its advice on foreign exchange (FX) rate and subsidy removal was necessary for Nigeria’s macroeconomic stability. ...

The Nigerian National Petroleum Company (NNPC) Limited says the federal government owes it N7.8 trillion for petrol subsidy. NNPC’s disclosure comes after ...

Human rights lawyer Femi Falana (SAN) wants the Federal Government to review the fuel subsidy removal policy owing to claims that Nigeria ...

The Nigeria Employers’ Consultative Association, NECA, has advised the Federal Government to eschew pride and review the removal of fuel subsidy and ...

The Federal Government has again defended its removal of subsidy on petroleum despite the cost of living and inflation soaring in the ...

The Federal Government’s effort to subsidise electricity tariff for Nigerians has seen it cough out over N5 trillion in the last 10 ...

The federal government might have to pay N600bn as electricity subsidy in 2023. The Chairman/CEO of the Nigerian Electricity Regulatory Commission (NERC), ...

President Bola Tinubu recently stopped the implementation of a hike in electricity tariff and insisted that subsidy be paid on power consumed ...

The federal government has so far saved about N1.45tn from earnings generated from the removal of subsidy on Premium Motor Spirit, popularly ...

The Federal Government’s contribution to plug in the revenue generation shortfall in the power sector in the second quarter of 2023 has ...