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Subsidy corruption will end in three years – NNPC
Rabiu disclosed this in a report, the NNPC Energy in Brief, while outlining the corporation’s direction for the next 3 years. According...

Federal government officially stops payment of subsidy on petrol
The official pricing template for petrol by the PPPRA as of December 28, 2015 saw the Federal Government subsidising the product by N6.45...

RMAFC urges federal government to remove fuel subsidy
RMAFC’S Head of Public Relations, Ibrahim Mohammed disclosed this in a statement yesterday in Abuja, stressing that the subsidy had not...

We are going to focus on price modulation, not subsidy removal – Kachikwu
Kachikwu said this while addressing newsmen on Thursday in Abuja. He said the price modulation had nothing to do with the removal or...

Nigeria is broke, Buhari should remove oil subsidy – Adebutu
The Lawmaker representing Remo Federal Constituency made this known yesterday in Sagamu, Ogun State. Hon. Adebutu stated that the huge...

FG to remove fuel subsidy in 2016 – Kachikwu
Kachukwu told the Senate/House of Reps joint committee on the Medium Term Expenditure Framework, MTEF, that the subsidy bill was “on the...

FG approves N407bn for subsidy payment to oil marketers
Disclosing this on Wednesday, spokesperson of the Ministry of Finance, Marshall Gundu said the Minister of Finance, Kemi Adeosun, has...

There’ll be no riots over subsidy removal because 90% of Nigerians don’t enjoy it – NNPC boss
Kachikwu, who made this known on Wednesday while interacting with Arise Television, disclosed that the NNPC would explore third party...

Shehu Sanni kicks against removal of subsidy, says it is anti-people
Sani said this in Kaduna during a courtesy visit to former Governor of the defunct Kaduna State, Alhaji Balarabe Musa, at his residence....

Nigeria will go bankrupt in months if subsidy is sustained – Think-tank group
The body which provides institutional and structural support to the energy sector in Africa warned that the nation could become insolvent...

FG faults N200bn subsidy claims by oil marketers
Minister of Finance and Coordinating Minister of the Economy Ngozi Okonjo-Iweala, faulted the claims on Sunday in Abuja while briefing...

Makarfi reveals Senate approved N143bn for fuel subsidy in 2015 budget
Makarfi The Chairman, Senate Committee on Finance, Senator Ahmed Makarfi, has described as untrue reports that no provision was made for...

N1.1bn subsidy fraud: PPPRA confirms payment to oil marketers
A Senior Research Officer in the PPPRA, Mr Mohammed Ghidi, made the disclosure while testifying at the trial of three oil marketers...

Non-payment of subsidy, looting of $12b domestic gas fund caused fuel scarcity – APC
This was disclosed in a statement issued in Dubai the party’s National Publicity Secretary, Alhaji Lai Mohammed. The party said the PDP...

FG to slash petroleum subsidy by half in 2015
DAILY POST gathered in the course of last week that President Goodluck Jonathan has submitted the revised budget figures to lawmakers,...
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