August 17, 2023
Nigeria: Subsidy Removal - Nigerian Govt Approves N5bn for Each State, FCT
The governor of Borno State, Babagana Zulum, made the announcement in Abuja on Thursday. Read more »
August 16, 2023
Nigeria: NNPCL Secures $3 Billion Afrexim Bank Loan to Support Govt, Stabilise Forex Rates
The loan is also expected to help stabilise the foreign exchange market, enable authorities to meet forex demand, and improve the value of the Nigerian currency. Read more »
August 15, 2023
Nigeria: Tinubu to Nigerians - There'll Be No More Increase in Fuel Price
The presidential spokesperson says Nigerians pay the least amount for petrol in West Africa. Read more »
Nigeria: Ex-Managing Director of Shell Nigeria Gas Ltd Samuel Inyang Is Dead
The late engineer was a devout Catholic who was committed to charity, and was known to have set up endowment funds for the advancement of education in Nigeria. Read more »
Nigeria: Gas Suppliers Task Govt On Fixing Bad Roads, Modular Refineries
An official noted that flooding has ravaged many parts of the highways, causing delays for gas suppliers. Read more »
Nigeria: Oil Board Denies Plans to Raise Petrol Prices
"Dear esteemed customers, we at NNPC Retail value your patronage, and we do not have the intention to increase our petrol motor spirit (PMS) pump prices as widely speculated," a… Read more »
August 11, 2023
Nigeria: In Lokoja, Traders, Students Lament As Fuel Subsidy Removal Bites Harder
The removal of subsidy on petrol has hit ordinary Nigerians harder than the government envisioned. Nigerians living in Lokoja, Kogi State recounts their experience. Read more »
August 06, 2023
Nigeria: Three Myths About Subsidy Removal
On 1 January, 2012, the administration of President Goodluck Jonathan announced a decision to remove the petroleum subsidy. The current rulers of Nigeria were then the main… Read more »
August 04, 2023
Nigeria: Fuel Subsidy Removal - Ondo Government Unfolds Palliative Package
The state government will provide free rides on shuttle buses, abolish hospital registration, consultation fees Read more »
August 03, 2023
Nigeria: Troops Destroy 36 Illegal Refining Sites, Apprehend 22 Suspects
Troops arrested some suspected IPOB members during a raid on their camps in South-east Nigeria. Read more »
Nigeria: Oil Spill - Rivers Assembly Orders Shell to Clean Up Communities
"The 10th assembly will not fold its arm to watch Rivers people suffer as a result of operational negligence of any company in the state." Read more »
August 02, 2023
Nigeria: Subsidy Removal Protest - Nigerian Govt Files Contempt Suit Against Labour Leaders
The move, launched at the National Industrial Court in Abuja, seeks to have the labour leaders jailed for their alleged disobedience to the court's order. Read more »
August 01, 2023
Nigeria: NNPCL Announces Plan to Sustain Nigeria Gas Development Projects
Mr Kyari said the nation has also seen the emergence of the incorporation of the national oil company from NNPC to NNPC Limited. Read more »
July 31, 2023
Nigeria: Bill to Establish Edo Oil Palm Programme Passes Second Reading
"It is a billion-dollar industry that has the potential to boost the state's revenue." Read more »
Nigeria: Subsidy Removal - Justice Ministry Disagrees With Falana, Restates Warning Against NLC Strike
The Justice Ministry restates its warning against the NLC strike over the subsidy removal in a letter addressed to NLC's lawyer, Femi Falana. Read more »
Nigeria: Subsidy Removal - Govt to Provide Buses to Tertiary Institutions, Remove Restrictions to Students Loans
The desire of the president is to see that students can access their campuses without much difficulty as a result of higher transportation costs. Read more »
Nigeria: Lagos Reduces Bus Fares By 50%
The fare reduction for public buses takes effect on Wednesday. Read more »
Nigeria: Subsidy Removal - What Tinubu Told Nigerians About Palliatives
Mr Tinubu acknowledged that many Nigerians were facing hardships due to his government's policies. Read more »
July 27, 2023
Nigeria: Reps Direct NNPC Limited to Suspend Ovh Acquisition, Probe Deal
In June, a PREMIUM TIMES investigation exposed the secret deals and the complicated ownership structure that left managerial control of NNPC Retail in the hands of OVH Energy… Read more »
Nigeria: Northern Petrol Marketers to Embark On Strike Over N250bn Unpaid Subsidy
The forum comprises nine depots in the Northern states - Kano, Kaduna, Suleja, Minna, Jos, Maiduguri, Gombe and Yola depots. Read more »
Nigeria: How Fuel Subsidy Removal Presents Transformative Opportunity for Nigeria's Oil Sector - PWC Nigeria
An expert said the subsidy shielded companies from the reality of their profits, and companies will now confront the true market dynamics. Read more »
Nigeria: Govt Warns Labour Against Strike
The warning came hours after the NLC issued notice to begin a nationwide strike on 2 August amid an astronomical hike in petrol pump prices following the removal of fuel subsidy. Read more »
Nigeria: Fuel Subsidy - We're Working Hard to Avert Workers' Strike - Govt
The NLC has reportedly planned to embark on strike on 2 August to protest the hike in fuel prices occasioned by the subsidy removal and the anti-poor policies of the federal… Read more »
July 25, 2023
Nigeria: Why Tinubu Didn't Wait Before Announcing Subsidy Removal - Abiodun
"As controversial as that initiative has been, no one can deny the fact that it was a very welcome initiative. That was a subsidy that Nigeria could no longer afford; it was a… Read more »
Nigeria: Ondo Mourns Victims of Deadly Oil Tanker Explosion
A pregnant woman, three children and 15 others were reportedly burnt to death in the incident Read more »