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Subsidy
Over N13trn Spent On Subsidy Payment In 16 Years – FG
The Federal Government says over N13trn was spent on subsidy payment in 16 years between 2005 and 2021.
The Secretary to the Government of the...
Subsidy: N5,000 grant’ll end up like SURE-P, says CSLS
Minister of Finance, Budget and National Planning, Zainab Ahmed has said that the N5,000 monthly grant proposed to be given to poor Nigerians...
FG, States Won’t Be Able to Pay Salaries in 2022 If Fuel Subsidy is Retained – World Bank
The World Bank yesterday sounded the alarm bells to Nigeria, saying further delay in removing the fuel subsidy which had been described as a...
Subsidy Draining Nigeria’s Economy – Finance Minister
Minister of finance, budget and national planning, Mrs Zainab Ahmed, has said petroleum under-recovery popularly known as fuel subsidy is a major drain on...
BREAKING: FG to spend N900bn on subsidy in 2022
The Federal Government has projected to spend N900 billion on subsidy payout to oil marketers in 2022.
Minister of Finance Budget and National Planning made...
FG set to replace fuel with Compressed Natural Gas to stop subsidy payment
The Minister of State for Petroleum Resources, Timipre Sylva says that plans are ongoing by the Federal Government to expand the use of Compressed...
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