45 h. ago Over 90% Of Informal Sector Operators Can’t Afford Taxes – Oyedele

  Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said that more than 90 percent of operators in Nigeria’s informal sector do not have the financial capacity to pay taxes. Oyedele explained that the majority of players in the informal economy are only struggling to survive and cannot contribute meaningfully […] The post Over 90% Of Informal Sector Operators Can’t Afford Taxes – Oyedele appeared first on Information Nigeria.

Politics

9 d. ago ‘Your Suffering Like Painful Surgery, But Growth, Prosperity Await,’ Tinubu Tells Nigerians

Since assuming office in May 2023, Tinubu has introduced sweeping economic reforms, including the removal of the fuel subsidy that led to an increase in the cost of living for the masses. The post ‘Your Suffering Like Painful Surgery, But Growth, Prosperity Await,’ Tinubu Tells Nigerians appeared first on Channels Television.

Politics

1 week ago The Driver’s Revolution: Empowering The Gig Economy’s Workforce

Traditional ride-hailing models create precarious realities for Nigerian drivers through extractive business practices. Platforms deduct 20% to 25% commissions while drivers bear soaring operational costs including vehicle maintenance and fuel. Macroeconomic factors, particularly fuel subsidy removal, have intensified this conflict, forcing drivers to work extended hours—sometimes morning until midnight—just to meet daily targets. This broken […]

Politics

2 w. ago Nigerians see no gains from subsidy removal — Civil Society tells Gov’t

…Says Citizens Still Waiting for Promised Dividends From Abdulrazaq Mungadi, Gombe Civil Society Organisations (CSOs) in Gombe State have faulted the federal government’s handling of the fuel subsidy removal, saying Nigerians are worse off two years after the policy was announced. The Chairman of the Gombe Network of Civil Society (GONET) and Team Lead of […] The post Nigerians see no gains from subsidy removal — Civil Society tells Gov’t appeared first on The Sun Nigeria.

Politics

2 w. ago IMF, World Bank Influenced Nigeria’s Full Fuel Subsidy Removal – Falana

A Senior Advocate of Nigeria, Femi Falana, has once again criticised President Bola Tinubu’s removal of the fuel subsidy, describing it as a move influenced by international financial institutions. Speaking in an interview on Sunday, on Sunday’s Politics, a programme on Channels Television, Falana argued that no country in the world has fully abolished subsidies. […] The post IMF, World Bank Influenced Nigeria’s Full Fuel Subsidy Removal – Falana appeared first on Information Nigeria.

Politics

3 w. ago Falana: World Bank, IMF forced Nigeria to end petrol subsidy

Human rights lawyer Femi Falana (SAN) states that the removal of petrol subsidy in Nigeria was imposed by the World Bank. read more Falana: World Bank, IMF forced Nigeria to end petrol subsidy

Politics

3 w. ago Petrol subsidy removal saved Nigeria from bankruptcy — Sanusi

Muhammad Sanusi II, Emir of Kano and former governor of the Central Bank of Nigeria (CBN), says the removal of read more Petrol subsidy removal saved Nigeria from bankruptcy — Sanusi

Politics

3 w. ago Falana Faults 5% Fuel Surcharge, Warns Against Total Subsidy Removal

He said that introducing a fresh surcharge could amount to multiple taxation, burdening already strained consumers. The post Falana Faults 5% Fuel Surcharge, Warns Against Total Subsidy Removal appeared first on Channels Television.

Events

3 w. ago Nigeria has suffered lousy leadership for years — Emir Sanusi

Tribune Online Nigeria has suffered lousy leadership for years — Emir Sanusi Nigeria would have slipped into bankruptcy if not for the removal of fuel subsidy by the federal government.... Nigeria has suffered lousy leadership for years — Emir Sanusi Tribune Online

Politics

3 w. ago Nigerians already suffering, new taxes will kill businesses — ADC

Tribune Online Nigerians already suffering, new taxes will kill businesses — ADC "This is a government that removed fuel subsidy from day one. And I'm not debating whether subsidy Nigerians already suffering, new taxes will kill businesses — ADC Tribune Online

Economics

3 w. ago Why Subsidy Removal Savings Not Enough To Transform Economy – Oyedele

The chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has declared that the savings accruing from the removal of fuel subsidy were grossly inadequate to fund Nigeria’s huge development requirements. Oyedele made this assertion on Wednesday in Abuja while delivering a keynote address at a one-day capacity building training on the Nigeria […]

Politics

3 w. ago Subsidy removal was inherited, not initiated by Tinubu – Gombe Governor

From Abdulrazaq Mungadi, Gombe Gombe State Governor Muhammad Inuwa Yahaya has stated that President Bola Ahmed Tinubu’s decision to remove fuel subsidy was not a matter of choice but a fiscal necessity handed down by the previous administration of Muhammadu Buhari. Speaking in Gombe during a courtesy visit by defecting politicians, Governor Yahaya disclosed that […] The post Subsidy removal was inherited, not initiated by Tinubu – Gombe Governor appeared first on The Sun Nigeria.

Politics

3 w. 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