Tag: Subsidy
Oil Derivation, Subsidy and SURE-P Refunds: Nine Oil Producing States Receive...
Nine oil-producing states received a total of N625.43 billion 13 percent oil derivation, subsidy and SURE-P refunds from the Federation Account in the last...
Nigeria: Will fuel subsidy end in June 2023?
“it is not money that we have; it is money that we have to borrow to maintain the fuel subsidy,”By Marcel OkekeThe Minister of...
Debt burden: Budget Office Recommends Suspension of Salary Increases, Petrol Subsidy
The Director General, Budget Office of the Federation, Ben Akabueze, has recommended the suspension of salary increases for government agencies, discontinuation of Premium Motor Spirit...
NNPCL: Petrol to Sell for N462/litre Without Subsidy
Without subsidy, petrol will sell for N462 per litre, the Nigerian National Petroleum Company (NNPC) Limited said yesterday.It said the average international market-determined landing cost in...
