Search Results for "Fuel Subsidy Removal"
23 results found
NLC vs FG: Danger of approving new minimum wage now

…NLC's demand comes as Nigerians continue to grapple with the economic fallout from fuel subsidy removal, which sent petrol prices sharply higher and triggered broad increases in the cost of goods and services. Workers' groups have argued that salaries have failed to keep pace with inflation, leaving millions of employe…

Jobs/Vacancies by nigerianewsfeed · 2 days ago · 0 comments · 9 views
NEC approves 90-day plan to reduce cost of living

…with emphasis on transparency, accountability and reporting on how proceeds from fuel subsidy removal are being used. Speaking at the meeting, Shettima urged state governors and relevant government institutions to ensure that the benefits of President Bola Tinubu’s economic reforms translate into better living conditio…

Business by nigerianewsfeed · 5 days ago · 0 comments · 17 views
Amaechi faults Tinubu’s fuel subsidy removal, cites hardship

…African Democratic Congress (ADC), has criticised President Bola Tinubu’s handling of fuel subsidy removal, citing its impact on Nigerians. Amaechi, a former Minister of Transportation and Rivers governor, spoke on Saturday at a town hall meeting in Calabar. He said the government should have consulted economists, poli…

General News by nigerianewsfeed · 17 days ago · 0 comments · 24 views
Fitch upgrades Nigeria’s outlook to positive, affirms ‘B’ rating

…positive outlook validated reforms implemented under President Bola Tinubu, including fuel subsidy removal, exchange rate unification and tax reforms. He said that its medium-term ambition was to place the country firmly on the path to investment-grade status. It added that the reforms were intended to reduce borrowing…

Business by nigerianewsfeed · 17 days ago · 0 comments · 21 views
US asks American business executives to be wary of insecurity, corruption and detention risk in Nigeria

…structural reforms introduced by President Bola Tinubu's administration.The report said fuel subsidy removal and foreign exchange liberalisation initially caused significant economic volatility, although indicators in early 2026 suggested some stabilisation. Security risks, administrative bottlenecks and the social cos…

General News by nigerianewsfeed · 17 days ago · 0 comments · 21 views
Fuel price discount: Tinubu govt not bringing back subsidy – Finance Minister, Oyedele

…candidate, Atiku Abubakar, accused the president of copying his proposal for fuel subsidy removal. Atiku insisted that Tinubu’s 30-day fuel discount was a desperate and temporary gesture that could not repair the damage caused by the crushing cost of fuel. However, in an interview on Channels Television’s Politics Toda…

Business by nigerianewsfeed · 18 days ago · 0 comments · 19 views
Fuel price discount: ‘Dull student who copied classmate’s answer’ – Atiku attacks Tinubu

…However, the former vice president accused the president of copying his proposal for fuel subsidy removal. Addressing journalists in a video, Atiku said: “Wait a minute Bola, you have borrowed the idea but missed the lesson and Amaechi tried to define the lesson while speaking. “Bola, you are like a dull student who co…

Politics by nigerianewsfeed · 18 days ago · 0 comments · 23 views
Subsidy removal: Nigerians yet to see dividends – Ogun APM gov candidate 

…in Ogun State, Rotimi Babajide, has criticised the impact of the Federal Government’s fuel subsidy removal, saying Nigerians are yet to see tangible benefits from the policy despite the sharp increase in petrol prices. Speaking with newsmen in Abeokuta on Saturday, Babajide said Nigerians were currently buying petrol a…

Politics by nigerianewsfeed · 24 days ago · 0 comments · 20 views
Tinubu: Elon Musk’s Grok reveals whether Nigerian President’s Independence Day broadcast was AI-generated

…television stations, including Channels TV, Tinubu said there was no going back on fuel subsidy removal, which had brought the price of fuel to between N1,370 and N1,423 per litre in Abuja and its environs. The speech attracted reactions from Nigerians, including opposition leaders. The presidential candidate of the Af…

Computers by nigerianewsfeed · 24 days ago · 0 comments · 24 views
“I will resign if Nigeria does not change one year after we assume office” — Atiku’s VP candidate

…will have to come down because there’s no money for anybody to steal,” Amaechi said. Fuel subsidy removal comes under criticism Amaechi also questioned the benefits Nigerians have received since President Bola Tinubu’s administration removed the petrol subsidy. He argued that the policy had not translated into sufficie…

Politics by nigerianewsfeed · 26 days ago · 0 comments · 22 views
FG seeks fresh $1.5bn World Bank loan

…including the pandemic, inflation, natural disasters and conflict, while noting that fuel subsidy removal and exchange-rate reforms worsened living costs in the short term. The third proposed $500m facility is for the Nigeria Early Childhood Development programme, with an estimated approval date of March 15, 2027, a da…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 20 views
NANS rejects calls to bring back fuel subsidy

…body said the focus should be on ensuring accountability in the use of savings from fuel subsidy removal rather than advocating a return to the subsidy regime. The National President of NANS, Babatunde Akinteye, made the call on Tuesday in Akure, the state capital, while speaking at a youth summit. The summit, sponsore…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 31 views
Subsidy: ‘APC govt counting trillions while Nigerians become poorer,’ ADC knocks Yari

…campaign, to explain what Nigerians have gained from the N15.8 trillion generated by fuel subsidy removal before dismissing promises of relief as a “lie.” Reacting on Sunday through its National Publicity Secretary, Mallam Bolaji Abdullahi, the ADC said Yari’s position was significant because he is now charged with per…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
Moody's changes Nigeria's outlook to positive, affirms B3 rating

…the fading effects of price adjustments that followed exchange rate liberalisation and fuel subsidy removal, as well as the Central Bank of Nigeria’s restrictive monetary policy stance. The affirmation of the B3 ratings, however, underscores persistent fiscal pressures stemming from still-limited revenue-generation cap…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
2027: Atiku vows to bring Niger, Mali, Burkina Faso back to ECOWAS

…among West African countries would be critical to addressing the security challenges. Fuel subsidy removal The ADC presidential candidate also criticised the removal of petrol subsidy by the Tinubu administration, saying the policy had contributed significantly to the economic hardship faced by Nigerians. He said altho…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 29 views
NBA Confab: Presidential candidates clash on key campaign issues as Gbajabiamila defends FG policies

…villa” needed to be voted out for meaningful progress to be made. On the issue of fuel subsidy removal, Sowore said “If there is anybody that has been consistent in the removal of fuel subsidy, it has been me. The question about fuel subsidy is: who are you subsidizing? You are subsidizing the elite. You are subsidizin…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 28 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 · 2 mons ago · 0 comments · 29 views
Atiku breaks silence on FBI’s refusal to make Tinubu records public

…the month,” he said. The former Vice President also reiterated his pledge to reverse the fuel subsidy removal if elected, describing his proposed approach as one that would be accountable and protected against abuse. On the FBI records, Atiku said he was not demanding the release of sensitive information that could com…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 28 views
Nigeria’s future belongs to innovative, resilient youths — Sanwo-Olu

…was laying the foundation for long-term, inclusive growth through reforms such as fuel subsidy removal, exchange rate unification and changes in the oil and gas sector. While acknowledging that the reforms have imposed short-term hardships, he argued that they are necessary to address long-standing structural challenge…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 35 views
N210b duplicate allocations: Atiku demands NASS’ probe of 2026 budget

…three years, Nigerians have been subjected to relentless hardship. They were told that fuel subsidy removal, exchange rate unification, higher taxes and rising tariffs were bitter pills that would eventually restore economic stability. Yet today, the same government cannot explain how more than ₦210 billion found its w…

General News by nigerianewsfeed · 3 mons ago · 0 comments · 36 views
40 years after SAP: Experts, CSOs fault privatisation of Govt services

…instead of humans” had left ordinary Nigerians exposed, recalling that after the 2023 fuel subsidy removal, “some families were saying that they can no longer even afford three square meals, while their children go to school without food.” Odo questioned the celebration of macroeconomic stabilisation amid rising povert…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 30 views
Is Tinubu Nigeria's saviour? Some genuinely think so! By Olu Fasan

…twelve years and eight years too late. Had Tinubu not mobilised against the fuel subsidy removal in 2012 and had Buhari not introduced the pegged exchange rate in 2015, Nigeria would have been a lot better off economically today. Sadly, by the time Tinubu was consumed by "courage" and the zeal of a convert to abolish t…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 42 views
Atiku alleges ₦8.8tn off-budget spending, demands probe of Tinubu administration

…He argued that while Nigerians had been subjected to economic reforms, including fuel subsidy removal, exchange rate adjustments and high interest rates, significant public funds were allegedly being spent outside official budgetary processes. The former vice president maintained that greater fiscal transparency could…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 44 views
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