Tag: FUEL SUBSIDY

News

NLC warns against fuel subsidy removal

By Olatunde Dodondawa There is an indication that the Nigerian Labour Congress may be against fuel subsidy removal as it warns the Petroleum Products Pricing Regulatory Agency (PPPRA) not to remove price cap on premium motor spirit (PMS) otherwise called petrol until domestic refining capacity improves. In a letter signed […]

Energy

FG spends over N15.6bn on fuel subsidy in 7 days

By Olatunde Dodondawa There are strong indications that the provision of N450billion for fuel subsidy in the year 2020 budget may be inadequate because the Federal Government has already spent over N15.6billion for subsidy on premium motor spirit (PMS) otherwise called petrol in just seven days. According to investigation by the Saturday Tribune, […]