The Nigerian government said it has agreed to “not to remove” fuel subsidy as planned for June 2023. Nigeria’s Minister of Finance, Budget, and National Planning,...
Ahead of the planned removal of subsidy on Premium Motor Spirit, popularly called petrol in Nigeria, oil marketers in the country have proposed the building of...
Several Nigerian institutions have secured $800 million from the World Bank to expand their national social programs prior to the removal of petrol subsidies in June....
Oil marketers in Nigeria have warned that the price of Premium of Motor Spirit, popularly called petrol could hit N800/litre once subsidy on PMS is removed....
The latest data from the state-owned firm, Nigerian National Petroleum Company Limited (NNPC), Nigeria spent 4.39 trillion Naira ($9.7 billion) on a petrol subsidy last year....
The Kenyan government has made bold its plan to remove subsidies on fuel as it has once again partially removed subsidies that cushioned consumers from the...
The sorry tale of Nigeria’s oil subsidy regime could become messier as the Finance Minister, Zainab Ahmed has revealed the West African could spend up to...