Search Results for "Subsidy"
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Atiku accuses Tinubu of favouring oil companies with tax incentives amid rising petrol prices 

…Phrank Shaibu. He said President Bola Tinubu’s decision to remove the petrol subsidy was inconsistent with the government’s continued use of tax credits, concessions and other incentives to support petroleum investors. “Nigerians were told there was no alternative and that enduring this pain was the necessary price of…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
Atiku: Returning to fuel subsidy will reverse Nigeria’s economic gains — Minister

…and National Orientation, Mohammed Idris, has warned that any attempt to restore petrol subsidy would reverse Nigeria’s economic gains, weaken investor confidence and worsen pressure on the country’s finances. Idris gave the warning in an op-ed published on Monday, August 24, 2026, titled “Restoring Fuel Subsidy Will R…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 25 views
‘Transparent subsidy regime will reduce transport costs’ – Kebbi ADC backs Atiku

…party’s presidential candidate, Atiku Abubakar, over his proposal to reintroduce fuel subsidy if elected president. The party said a transparent and accountable subsidy system could help reduce transportation costs and the prices of essential commodities amid rising economic pressures. In a statement issued on Sunday b…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
Atiku: ‘Take it easy, no insults’ – ADC knocks presidency

…the ADC presidential candidate, Atiku Abubakar, over his promise to restore the petrol subsidy if elected president in 2027.In a statement posted on X by its National Publicity Secretary, Bolaji Abdullahi, the ADC said it was not all about throwing insults at the opposition but about doing the right thing for Nigerians…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
N150,000 palliative: Pensioners threaten mass protest

…to cushion the effect of the economic hardship following the removal of the fuel subsidy. “We will be joyful if the minister can honour this pronouncement made by the Federal Government since 2023,” they said. The pensioners added that while the workers had already received their six-month payment, they were seeking th…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
FG's infrastructure spending hits N6.47tn, highways dominate

…of the newly released Federal Government’s Nigeria Reform Scorecard on savings from fuel subsidy, titled “The Benefits, Costs and Harm Prevented,” on Sunday showed that the Lagos-Calabar Coastal Highway received the highest allocation among selected strategic infrastructure projects, with N2.23tn disbursed to fund its…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 25 views
FAAC bonanza: Govs face questions as payouts hit N47tn

…N47tn to the three tiers of government in the three years since the removal of petrol subsidy. This was as the Federal Government, 36 states and 774 local governments shared a cumulative N93.216tn as revenue from the Federation Account between 2017 and 2025, with more than half of the amount distributed in the three ye…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
Atiku politicizing nation’s economy with his flip-flops on subsidy – Presidency

…Abubakar of politicising Nigeria’s economy after he renewed calls to restore the petrol subsidy, saying the stance sharply contradicts the economic position he took during the 2023 presidential campaign. The Presidency described Atiku’s recent stance as political opportunism that seeks to capitalize on Nigerians’ econo…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
Atiku will cut fuel price through local refining, crude supply — Okonkwo

…former vice-president was seeking to return Nigeria to the old, corruption-ridden petrol subsidy regime. He said Atiku’s proposal was fundamentally different from the previous subsidy arrangement because it would focus government intervention on domestic production rather than imported petrol. “Atiku is not going back…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
2027: ‘Your hypocrisy insult to Nigerians, you’ll fail’ – Presidency bombs Atiku

…innuendo.” Lately, Atiku and Tinubu have been tackling each other over the issue of fuel subsidy removal. Recall that Tinubu, a presidential candidate of the All Progressives Congress, APC, had defeated Atiku during the 2023 election. During his inauguration at the Eagle Square in Abuja, Tinubu ended the fuel subsidy r…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 26 views
‘Atiku restoring fuel subsidy outright deception meant to win election’ – Shehu Sani

…by the African Democratic Congress, ADC, candidate, Atiku Abubakar, to restore fuel subsidy is a “political Trojan horse” aimed at winning the 2027 presidential election. Recounting that Atiku had supported the removal of fuel subsidy in the past, Sani said the ADC presidential candidate’s pledge was impracticable. Spe…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 25 views
‘Tinubu practising Robin Hood economics, robbing poor to subsidise rich people’ – Atiku

…@Waziriadio, in his latest column on ThisDay, discussed what makes the removal of petrol subsidy still an unsettled issue in Nigeria and why Atiku’s plan to restore the subsidy is deeply problematic. Responding, Shaibu insisted that Tinubu changed the beneficiaries of fuel subsidy, stressing that he did not abolish it.…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 27 views
Atiku, Obi camps reject single opposition candidate

…brought to the table the policy alternatives, including what he would do with petroleum subsidy if elected. His policies are about the people and they are not hidden. Come January 2027, Nigerians will make their choice. This is where we are today,” he said. He urged Nigerians to assess the presidential candidates on th…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
FAAC trillions: Govs list projects, Nigerians await relief

…Capital Territory have become the biggest winners of President Bola Tinubu’s petrol subsidy removal, with unprecedented federation account allocations swelling state coffers and ushering in an era of multi-billion-naira monthly revenues. Allocation reached a record N3.007tn in July 2026, making it the first time monthl…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 27 views
Atiku breaks silence on FBI’s refusal to make Tinubu records public

…Nigerians are already dying,” he said. Atiku linked the hardship to the removal of fuel subsidy, arguing that the policy had triggered increases in transportation costs, food prices and production expenses while putting pressure on jobs and household incomes. “Fuel affects transportation. Transportation affects food pr…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
Denmark lists six types of debt that can disqualify foreigners from permanent residence permit

…2. Child support paid 3. Day-care payment 4. Overpaid housing benefits 5. Housing-subsidy loan 6. Taxes and levies, unlessAll six fall under the umbrella of public debt, and the government describes the list as conclusive, meaning no debt types outside of these six apply under this particular rule.Foreigners planning t…

Investment by nigerianewsfeed · 1 mon ago · 0 comments · 29 views
You lack understanding of elementary economics, Atiku replies Tinubu

…Osun Governor Ademola Adeleke on Thursday, had described Atiku’s promise to restore fuel subsidy as evidence of “serious ignorance” […] The post You lack understanding of elementary economics, Atiku replies Tinubu appeared first on Tribune Online.

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 25 views
In Osun State, I know a man I raised who is nicknamed "Half Salary" - President Tinubu taunts Aregbesola (video)

…while criticising former Vice President Atiku Abubakar's proposal to restore fuel subsidy if elected president in 2027. "I saw one of my opponents (Atiku Abubakar) now say he will go back to subsidy. I read it," Tinubu said. "That is a demonstration of a serious ignorance on governance and economy. Before I came here,…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 27 views
Atiku cannot promise petrol subsidy without explaining funding – APC chieftain

…Vice President Atiku Abubakar to explain how he would fund his promise to restore petrol subsidy if elected president in 2027. Alfindiki, in a statement made available to journalists in Kano on Friday, said Nigerians deserve clear answers on how a renewed subsidy regime would be financed without putting more pressure o…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 25 views
Breaking: Presidency fires direct shots at Atiku over his plan to 'restore subsidy', "archaic past"

…Adviser to President Tinubu, publicly challenged Atiku Abubakar's pledge to restore fuel subsidy if elected in 2027Onanuga argued the subsidy plan conflicts with the Petroleum Industry Act and could undermine Nigeria's growing domestic refining capacityThe presidency questioned how the subsidy would be funded and wheth…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 27 views
Oil output surges as losses via pipelines fall

…chain, from exploration and production to refining, distribution, pricing policy, and subsidy frameworks. Pipeline surveillance does not manage these domains,” he said. He added: “Its mandate is precise: safeguarding critical infrastructure that transports petroleum resources. Yet this single function has proven founda…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 29 views
Atiku's fuel subsidy pledge shows serious ignorance of governance, economy - Tinubu

…Democratic Congress presidential candidate, Atiku Abubakar, to restore the petrol subsidy if elected in 2027 as a demonstration of “serious ignorance” of governance and the economy. Tinubu said this while receiving Osun State Governor Ademola Adeleke at the Presidential Villa, Abuja, following his re-election victory i…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
Breaking: Atiku announces 2 things he will do within 100 days in office

…citing Boko Haram, ISWAP, bandits, and IPOBAtiku also promised to restore the fuel subsidy, saying its removal had not improved the lives of ordinary NigeriansPAY ATTENTION: Find it fast with our new search feature at Legit.ng! Atiku Abubakar, the African Democratic Congress (ADC) presidential candidate, has promised t…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
'Win Or Lose, 2027 Is My Last' - Atiku Abubakar

…time contesting for the presidency.” "I will consider the possibility of restoring fuel subsidy if elected." “I initially did not oppose the removal of fuel subsidy. But now that it has been removed, where is the money? Where has the subsidy money gone? Has it been used to improve healthcare, education or security? If…

Politics by nig12345 · 1 mon ago · 0 comments · 32 views
Fuel Subsidy: Atiku a ‘voodoo economist’, not a leading presidential candidate — Wike

…contender in the 2027 presidential election, faulting his shifting position on fuel subsidy. Wike, who spoke while responding to questions from journalists during an inspection of ongoing road projects in the territory, dismissed suggestions that Atiku belongs among the frontrunners for the 2027 poll, insisting that on…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 27 views
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