Search results for "subsidy"
I’m restoring subsidy to cut fuel, transport costs – Atiku
Former Vice-President Atiku Abubakar has explained that his plan to restore fuel subsidy is aimed at supporting local refining and reducing the cost of petrol, rather than subsidising imported fuel. Atiku made the…
Nigeria’s fuel subsidy is gone, but its legacy is still absorbing oil gains
Nigeria’s government says it is no longer subsidising petrol, yet the financial legacy of the old subsidy regime is still
VERBATIM: What Atiku, Obi, Makinde really want as 90+ countries subsidise fuel to ease hardship
By Luminous Jannamike Across the world, governments are cushioning motorists and businesses from a fresh oil shock. Nigeria’s 2027 debate is shifting from whether subsidy should exist to what form it should take, what…
Subsidy removal has helped reduce oil sector financial crimes
The removal of petrol subsidy has significantly curtailed financial crimes associated with Nigeria’s former fuel subsidy regime, Ola Olukoyede, chairman read more Subsidy removal has helped reduce oil sector financial…
Atiku’s subsidy proposal unlawful, will enrich smugglers – APC PCC
The APC-PCC asked whether a refinery receiving the proposed subsidy would be required to sell petrol at a prescribed price. The post Atiku’s subsidy proposal unlawful, will enrich smugglers – APC PCC appeared first on…
CPPE warns against return to petrol subsidy, proposes targeted relief
CPPE's position comes amid renewed calls for a return to fuel subsidy, including a pledge by former Vice-President Atiku Abubakar to restore a targeted petrol subsidy if elected in 2027. The post CPPE warns against…
Nigeria won’t return to fuel subsidy regime, Tinubu vows
President Bola Ahmed Tinubu has ruled out a return to the fuel subsidy regime, which he said some opposition political leaders were The post Nigeria won’t return to fuel subsidy regime, Tinubu vows appeared first on…
‘Form Of Subsidy’: Osifo, Adewole Question FG’s 30-Day Fuel Discount
The Federal Government announced the policy to cushion the cost of fuel across the country, saying it is not a subsidy. The post ‘Form Of Subsidy’: Osifo, Adewole Question FG’s 30-Day Fuel Discount appeared first on…
NNPCL 2025 performance: Why we can’t return to fuel subsidy regime — Presidency
The Presidency has declared that the 2025 performance of NNPCL has validated its stance that a return to the fuel subsidy regime would The post NNPCL 2025 performance: Why we can’t return to fuel subsidy regime —…
FG’s electricity subsidy drops N37 billion as lower power offtake cuts government burden
The Federal Government’s electricity subsidy obligation fell by N37.06 billion to N321.26 billion in the second quarter of 2026. The post FG’s electricity subsidy drops N37 billion as lower power offtake cuts government…
Plateau to expand subsidised transport fares beyond Jos — Commissioner
The Plateau State Government says it is planning to expand its subsidised transportation scheme beyond Jos metropolis to other parts read more Plateau to expand subsidised transport fares beyond Jos — Commissioner
Atiku’s subsidy plan failed under Obasanjo – Presidency
"Nigeria tried your production-subsidy to local refineries idea while you were Vice President. We know the shambolic results" The post Atiku’s subsidy plan failed under Obasanjo – Presidency appeared first on Vanguard…
2027: Atiku using subsidy promise like APC used Muslim-Muslim ticket — Fayemi
Fayemi reiterated his support for the removal of fuel subsidy, saying he had advocated the policy for years, including during his tenure as chairman of the Nigerian Governors’ Forum. The post 2027: Atiku using subsidy…
Nigeria’s petrol subsidy: Reverse, retain or reform?
Every Nigerian knows what subsidy removal feels like. Fewer know what it did. In June 2023, the pump price jumped read more Nigeria’s petrol subsidy: Reverse, retain or reform?
Julius Berger, subsidiaries display broad range of construction solutions at Big 5 Expo
Julius Berger Nigeria Plc and its subsidiaries are showcasing a broad range of construction, engineering, manufacturing and facility management solutions read more Julius Berger, subsidiaries display broad range of…
Why flawed math of petrol subsidy revival holds more pain than relief
…May cost N14 trillion annually Nigeria removed a petrol subsidy the way a patient goes under the knife for a read more Why flawed math of petrol subsidy revival holds more pain than relief
Return of fuel subsidy: Atiku plotting to plunder Nigeria’s external reserves, APC alleges
"Atiku’s sudden u-turn from his 2023 policy position in favour of fuel subsidy removal to his new promise to..." The post Return of fuel subsidy: Atiku plotting to plunder Nigeria’s external reserves, APC alleges…
Food inflation tests the limits of subsidies
It is the right choice between direct food subsidies, food stamp (vouchers), or in-kind distribution (strategic food reserve releases) that read more Food inflation tests the limits of subsidies
Opposition in world’s poverty capital lures voters with costly subsidy return
…as Obi, Atiku backtrack on 2023 campaign promise …new subsidy burden could cost N14 trillion yearly With Nigeria’s presidential election read more Opposition in world’s poverty capital lures voters with costly subsidy…
The fuel subsidy debate of the deaf, by Owei Lakemfa
Fuel subsidy is the main debate in the country today. This is over three years after President Bola Tinunu’s declaration that “subsidy is gone” It was the main debate in the country twenty six years ago leading to…
Return Of Subsidy Could Lead To ₦2,000/Litre Petrol, ₦3,000/$ Exchange Rate — FG
It argued that if subsidy is returned, Nigerians would pay the price "in inflation and in a collapsing currency". The post Return Of Subsidy Could Lead To ₦2,000/Litre Petrol, ₦3,000/$ Exchange Rate — FG appeared first…
Production subsidy will lower fuel costs, support Nigerian refineries — Atiku
Former Vice President Atiku Abubakar has defended his proposed production subsidy model, saying it is designed to support The post Production subsidy will lower fuel costs, support Nigerian refineries — Atiku appeared…
Governors, not Tinubu, should account for subsidy gains – Abiodun
Ogun State Governor, Dapo Abiodun, has said state governors, rather than President Bola Tinubu, should explain how the gains from petrol subsidy removal are being spent. Abiodun spoke on Thursday at an All Progressives…
2027: Makinde rejects subsidy, proposes cheaper domestic crude pricing
Seyi Makinde rejects fuel subsidy return, proposing domestic crude pricing for Nigerian refineries to reduce petrol costs. Learn his ‘Reset Nigeria’ plan. Read More:…
Refinery Subsidy Failed Under You, Presidency Tells Atiku
The Presidency has faulted African Democratic Congress (ADC) presidential candidate Atiku Abubakar’s proposal for production subsidies for local refineries, arguing that Nigeria had already tried the policy during his…
Post-subsidy funds: Governors’ questionable assessment
THE manner in which Nigeria’s state governors responded to questions concerning the management of funds accruing to their states following the removal of petroleum subsidy shows their utter lack of sincerity. The post…
NUP to Tinubu: We’re still awaiting N75,000 subsidy-removal palliative after three years
The NUP, through its General Secretary, Comrade Godwin Amadin, said the palliative was approved as part of measures to cushion the impact of subsidy removal on vulnerable Nigerians, including pensioners. The post NUP to…
Subsidy: I Forced APC To Debate What They Wanted To Avoid, Atiku Replies Fayemi
Former Vice President of Nigeria and Presidential Candidate of the African Democratic Congress (ADC), Atiku Abubakar, yesterday said his proposal to bring back fuel subsidy has forced the President Bola Tinubu-led All…
Atiku outlines framework for domestic fuel subsidy
Former VP Atiku Abubakar outlines his proposed production subsidy model for domestic refineries, aiming to lower fuel costs without forcing them to sell at Read More:…
Akwa Ibom, Rivers excluded from post-subsidy fiscal assessment because of missing data
Akwa Ibom and Rivers have been shut out of BudgIT’s assessment of Nigeria’s post-subsidy state finances, exposing how gaps in fiscal disclosure are increasingly shielding billions in public revenue from independent…
2027: Fayemi likens Atiku’s subsidy proposal to APC’s Muslim-Muslim ticket
Former Ekiti State Governor, Kayode Fayemi, has described former Vice-President Atiku Abubakar’s proposal to restore petrol subsidy as a political strategy aimed at taking advantage of the hardship being experienced by…
2027 and Nigeria’s subsidy debate: The reform was right. The financing story still needs a plan, By David Okelue Ugwunta
Nigeria has already eliminated an unsustainable subsidy. The real test is whether the fiscal space it created translates into lower transport costs, stronger industry and better public services. That framework already…
Beyond the rule of 70: Why subsidy should never crawl back into Nigeria’s economic discourse, By Gboyega Nasir Isiaka
…reversing the removal of the subsidy would be a step in the wrong direction. It would restore the fiscal burden, revive the price differential that encouraged smuggling and arbitrage, and weaken incentives for…
Tinubu, Atiku Differ Over Dangote Refinery’s Caution On Fuel Subsidy Return
The heated debate over the fuel subsidy return proposal continued yesterday as President Bola Tinubu and former vice president, Atiku Abubakar, disagreed over the position of Dangote Refinery on the reintroduction of…
Abiodun’s performance shows gains from Tinubu’s subsidy removal, policy — Aide
An aide to the Ogun State Governor, Yomi Odunlami, has defended President Tinubu’s petrol subsidy removal, citing Dapo Abiodun’s performance as proof. Read More:…
Subsidy Debate: Atiku Tackles Tinubu, Says Dangote Refinery’s Position Aligns With His Proposal
Former Vice President Atiku Abubakar has accused the Tinubu Presidency of deliberately distorting concerns raised by Dangote Refinery in a desperate attempt to discredit his production subsidy proposal. He said the…
Fuel subsidy debate as meaningful confusions and confusing meanings (I)
Words matter most when they determine what citizens think they are choosing. That is why Nigeria’s renewed argument over fuel read more Fuel subsidy debate as meaningful confusions and confusing meanings (I)
Atiku backs Dangote, says subsidy proposal only for local refineries
By Omeiza Ajayi ABUJA: Former Vice President Atiku Abubakar has thrown his weight behind Dangote Refinery’s warning against arbitrary pump-price controls, insisting that his proposed production subsidy would protect…
We’re Still Waiting For N75,000 Subsidy-Removal Palliative, Pensioners Tell Tinubu
Three years after the federal government approved a three-month N25,000 monthly palliative for vulnerable Nigerians following the removal of fuel subsidy, retirees are still waiting for the payment, the Nigeria Union of…
Fuel subsidy and Atiku’s volte-face
Atiku Abubakar’s call to reintroduce fuel subsidy is political opportunism that threatens Nigeria’s economic reset. Learn why this policy must not return. Read More:…