11 h. ago Buhari Threatened To Sack Me Over Petrol Subsidy Removal — Kachikwu

A former Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has revealed that late former President Muhammadu Buhari threatened to sack him if his push to remove petrol subsidy during Buhari’s tenure failed. Kachikwu, who served as minister between 2016 and 2019, made the disclosure on Monday during a virtual business mentorship lecture series […]

Politics

5 d. ago Revenues Of States Have More Than Doubled Since Subsidy Removal— FG

Edun said that the economic reforms were meant to build a competitive economy for every sector and for investors to thrive. The post Revenues Of States Have More Than Doubled Since Subsidy Removal— FG appeared first on Channels Television.

Politics

5 d. ago [VIDEO] Revenues Of States Have More Than Doubled Since Subsidy Removal— FG

Edun said that the economic reforms were meant to build a competitive economy for every sector and for investors to thrive. The post [VIDEO] Revenues Of States Have More Than Doubled Since Subsidy Removal— FG appeared first on Channels Television.

Politics

7 d. ago Insecurity, unstable power, cause of economic crisis –Mbisiogu

By Dickson Okafor Chairman Blue Diamond Logistics China/Uzotex Bonded Terminal, Festus Mbisiogu, has said that the removal of the fuel subsidy and severe insecurity which has driven farmers from their land are some of the causes of Nigeria’s current economic hardship and food crisis. In this interview with Daily Sun, he stated that while the […] The post Insecurity, unstable power, cause of economic crisis –Mbisiogu appeared first on The Sun Nigeria.

Politics

1 week ago Fuel subsidy removal frees resources for national development – Minister

The Minister of Information and National Orientation, Alhaji Mohammed Idris has said that the removal of fuel subsidy by President read more Fuel subsidy removal frees resources for national development – Minister

Politics

1 week ago Fuel subsidy removal freed resources for national development – FG

Tribune Online Fuel subsidy removal freed resources for national development – FG The Federal government says that the removal of subsidy by the President Bola Tinubu administration has freed up Fuel subsidy removal freed resources for national development – FG Tribune Online

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2 w. ago “Fuel Subsidy Removal Is A Positive Reform, But Tinubu Incorrectly Implemented It” – Oby Ezekwesili

Former Minister of Education, Dr. Oby Ezekwesili, has described defending the President Bola Tinubu-led Federal Government as a formidable challenge, citing flawed policy implementation as a major concern. Speaking at a panel discussion during the ongoing Nigerian Bar Association (NBA) conference in Enugu on Monday, Ezekwesili responded to remarks by the Minister of Interior, Tunji […] The post “Fuel Subsidy Removal Is A Positive Reform, But Tinubu Incorrectly Implemented It” – Oby Ezekwesili appeared first on Information Nigeria.

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2 w. ago Removing Electricity Subsidy Will Worsen Poverty Among Nigerians, Labour Tells FG

The organised labour has warned that the federal government’s plan to phase out electricity subsidies will worsen living conditions for millions of citizens and cripple businesses already struggling with rising costs. Acting General Secretary of the Nigeria Labour Congress (NLC) Comrade Benson Upah, in a chat with LEADERSHIP Weekend, emphasised the potential fallout from higher […]

Science

3 w. ago “Subsidy Removal Has Helped Me Fulfil Campaign Promises To Enugu People” – Gov Mbah

Enugu Governor Peter Mbah on Thursday credited the Federal Government’s subsidy removal for funding state infrastructure projects. The Governor made the declaration at the Government House, Enugu, during a courtesy visit by a Federal Government delegation led by the Minister of Information and National Orientation, Mohammed Idris. The visit was part of activities lined up […] The post “Subsidy Removal Has Helped Me Fulfil Campaign Promises To Enugu People” – Gov Mbah appeared first on Information Nigeria.

Politics

4 w. ago Reform fatigue sets in as N16trn debt service erodes gains of fuel subsidy removal —Analysts

Tribune Online Reform fatigue sets in as N16trn debt service erodes gains of fuel subsidy removal —Analysts NIGERIA’S fiscal stability is coming under renewed strain as the anticipated benefits of fuel subsidy removal are being overshadowed by a surging debt service burden. Analysts warn that “reform fatigue” is beginning to take hold, with the country’s N16 trillion annual debt service payments undermining the fiscal space supposedly freed up by the 2023 subsidy […] Reform fatigue sets in as N16trn debt service erodes gains of fuel subsidy removal —Analysts Tribune Online

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last month Subsidising Fuel With Borrowed Funds Was Retrogressive – Okowa

The immediate past governor of Delta State, Senator Ifeanyi Okowa, has condemned previous administrations in the country for the policy of subsidising fuel with borrowed funds. Okowa stated this at a youth forum in Asaba on Friday after being honoured with an award, the Living Legend, maintaining that the benefits of subsidy removal have started […]

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