The Major Energy Marketers Association of Nigeria says fuel subsidy removal has ushered in deregulation, opening opportunities for innovation and digital transformation in the downstream sector. According to reports, during the Independence Day broadcast to mark Nigeria’s 65th anniversary, President Bola Tinubu revealed his decision to end fuel subsidy was not an easy one, but…
Yunusa Tanko, the Interim National Coordinator of the Obedient Movement, on Wednesday accused President Bola Tinubu-led administration of paying fuel subsidy through the “backdoor”. Tanko lamented that Tinubu’s government has refused to tell Nigerians the truth regarding the payment of fuel subsidy. During his presidential inauguration in Abuja in 2023, Tinubu had announced an end…
The Senator representing Ebonyi Central Senatorial Zone at the Upper Chamber, Senator Kenneth Eze, has said the removal of fuel subsidy has made adequate funds available for the federal and state governments to function optimally. Eze, who is the Senate Committee Chairman on Information stated this at his home town, Ohaigbo Amagu in Ezza South…
President Bola Tinubu has pleaded with Nigerians to be patient with his administration, assuring them that the country is transitioning from darkness to dawn. In an official video released by the State House today, Tinubu acknowledged the ongoing hardships orchestrated by the removal of the fuel subsidy and the floating of the naira. He noted…
President Bola Ahmed Tinubu has dismissed calls for the return of fuel subsidy, saying the decision was painful but necessary for the nation’s economic recovery. Recall that among the demands of the ongoing #EndBadGovernance protest is the call for the return of the subsidy regime. But responding to the demand in a nationwide broadcast to…
President Bola Tinubu has insisted that his administration’s decision to remove the petrol subsidy was very necessary to prevent the country from going bankrupt. President Tinubu announced the removal of subsidy on petrol the day he was inaugurated into office with the popular “subsidy is gone” speech. The action, however, made prices of commodities to…