The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, had disclosed that the landing cost of petrol, is now N35 higher than the…
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The Nigeria Labour Congress (NLC) has cautioned the Federal Government against implementing the recommendations of the International Monetary Fund (IMF) on the removal of subsidy…
The Managing Director, International Monetary Fund (IMF), Christine Lagarde, has asked the Federal Government to remove fuel subsidy, and redirect the funds to other…
To the detriment of socio-economic developments, Nigeria has spent nothing less than N10 trillion on petrol import subsidy between 2006 and 2018. Let it…
Members of the ActionAid group in Nigeria have warned the Federal Government to desist from raising VAT, (Value Added Tax) in the country, stating…
Kabiru Marafa, a senator from Zamafara has warned that oppositions of the president Buhari’s government might create issues that will lead to petroleum scarcity…
Depot and Petroleum Products Marketers Association (DAPPMA) on Sunday said the unpaid subsidy arrears of over N650 billion by the Federal Government posed huge…
The Nigerian National Petroleum Corporation (NNPC) on Wednesday denied Senate’s allegation that it had a $3.5 billion fund to surreptitiously subsidise imports of petroleum…
Price controls are regarded by economists as one of the worst forms of intervention in markets. Over the years, the history of governments implementing…
A Federal High Court Lagos, on Monday fixed May 17 for continuation of trial of an oil marketer, Olaniran Ogundipe, and his company, Petroleum…