Fuel Subsidy

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Tinubu Announces 30-Day Subsidy as Petrol Price Hits ₦1,500, Opposition Fires Back

October 9, 2026 Omajemite Don

The Federal Government of Nigeria has unveiled a temporary 30-day price relief measure under which the Nigerian National Petroleum Company Limited will forgo its retail profit margin to sell petrol…

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Trump Supports My Plan to Return Fuel Subsidy — Atiku

September 7, 2026 Omajemite Don

Atiku Abubakar, the former Vice President of Nigeria and the African Democratic Congress (ADC) candidate for the 2027 presidential election, has claimed that United States President Donald Trump stands behind…

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Tinubu Kills Fuel Subsidy, Stops N4 Trillion Bleeding

August 8, 2026 Media Partner

President Bola Ahmed Tinubu On May 29, 2023 announced the end of the fuel subsidy in Nigeria, a landmark decision that halted the hemorrhage of trillions of naira from the…

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Viral Video: God Stopped Naira From Falling to ₦10,000 Per Dollar – RCCG Pastor Adeboye

November 17, 2024 Taiwo Oyedepo

Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), has credited divine intervention for the stability of the naira, claiming that without God’s help, the…

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Tinubu Didn’t Promise Labour He Won’t Increase Fuel Price – Presidency

September 4, 2024 Musa Jibril

The Presidency has strongly denied allegations from the Nigeria Labour Congress (NLC) that President Bola Tinubu broke a promise to keep fuel prices stable.   The NLC had accused the…

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NNPC not paying fuel subsidy; we only pay shortfall on behalf of Nigerians –Ajiya

August 20, 2024 Taiwo Oyedepo

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has clarified that it has not paid fuel subsidies to any entity for the past nine years. This statement was made by…

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Fuel Subsidy is Officially Back: Nigerians to Buy Cheap Petrol? Here’s What You Need to Know

August 19, 2024 Omajemite Don

In a significant policy reversal, President Bola Tinubu has officially approved the use of dividends from the Nigerian National Petroleum Corporation (NNPC) for the payment of fuel subsidies.   This…

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Tinubu approves payment of fuel subsidy – Source

August 19, 2024 Omajemite Don

Tinubu has approved payment of fuel subsidy. After a very important National Economic Council meeting, President Bola Ahmed Tinubu has approved that the Nigerian National Petroleum Company Limited should utilize…

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Fuel subsidy: Obasanjo Faults Tinubu’s Approach

August 7, 2024 Omajemite Don

Obasanjo Faults Tinubu’s Approach to Fuel Subsidy Removal.   Former President Olusegun Obasanjo has openly criticized President Bola Tinubu’s handling of the fuel subsidy removal, labeling it as poorly executed…

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Atiku Laments: Nigeria Is Not Working, Blasts Tinubu for Secretly Reinstating Fuel Subsidy

June 5, 2024 Taiwo Oyedepo

Atiku Abubakar Condemns Tinubu Administration for Secretly Reinstating Fuel Subsidies. Former Vice President and presidential candidate of the People’s Democratic Party (PDP) in the 2023 election, Atiku Abubakar, has criticised…

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IMF Urges Tinubu’s Govt to End Electricity and Hidden Fuel Subsidies

May 13, 2024 Omajemite Don

IMF Urges FG to Discontinue Electricity and Hidden  Fuel Subsidies. The International Monetary Fund (IMF) has advised the Nigerian government lead by President Bola Tinubu to discontinue its fuel and…

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11 Months After Tinubu Removed Subsidy: Nigerians Still Face Fuel Scarcity, Long Queues

April 26, 2024 Okolosi Gloria

Eleven months after the removal of fuel subsidy by the Bola Tinubu-led federal government, Nigerians are still grappling with fuel scarcity and enduring long queues at petrol stations nationwide. Despite…

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Falana Tells FG what to do Amid Verified Claims of Tinubu’s Govt Still Paying N1 Trillion Monthly for Fuel Subsidy

March 4, 2024 Omajemite Don

Falana Urges Federal Government to Review Fuel Subsidy Removal Amidst Claims of Continued Payments.       Human rights lawyer Femi Falana (SAN) has called on the Federal Government to…

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NNPCL Speaks on Clashing with Marketers Over Petrol Subsidy

January 3, 2024 Gideon Ese

NNPC has responded to recent media reports suggesting a clash between the Nigerian National Petroleum Company Limited (NNPCL) and marketers over the payment of Premium Motor Spirit (PMS) petrol, the…

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N49 per litre: Marketers unveil strategy to reduce petrol price in Nigeria

October 22, 2023 Taiwo Oyedepo

Oil Marketers’ Proposal Could Reduce Petrol Costs by N49 per Litre In response to the ongoing challenges of rising petrol prices and fuel scarcity in Nigeria, oil marketers have proposed…

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Tinubu’s govt asks Nigerians to endure, says fuel subsidy hardships temporary

October 16, 2023 News Agency Of Nigeria

Tinubu’s Government Promises Temporary Fuel Subsidy Hardships, Assures Nigerians of Better Days. The government of President Bola Tinubu has sought to ease concerns over the recent removal of the fuel…

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Fuel Scarcity, Blackout Looms As Unions Plan To Join Strike

September 28, 2023 Okolosi Gloria

Nigeria Braces for Nationwide Strike Amid Fuel Subsidy Removal: Implications on Fuel and Power Supply, Healthcare, and Judiciary Services In response to the removal of the fuel subsidy by the…

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FG may pay N1.68tn fuel subsidy as marketers forecast N900/litre

September 22, 2023 Dr Ogheneyoma Grace

Federal Government Faces Potential N1.68tn Fuel Subsidy Bill as Petrol Price Nears N900/Litre.   As the price of Premium Motor Spirit (PMS), commonly known as petrol, approaches the N900 per…

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Tinubu’s Govt still practicing quasi-subsidy, expect fuel price hike – Oil marketers

September 18, 2023 Dr Ogheneyoma Grace

Nigerian Oil Marketers Warn of Potential Fuel Price Hike Due to Rising Crude Oil Costs. Nigerian citizens are bracing themselves for another possible increase in petrol prices, driven by the…

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Labour suspends strike following Tinubu intervention.

August 3, 2023 Okolosi Gloria

Just a day after initiating nationwide protests against the fuel subsidy removal, the Organised Labour has decided to suspend the proposed strike action. Trade Union Congress President, Festus Osifo, revealed…

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