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Subsidy

Soulless Public Policy 101

Bala Mohammed Liman. Phd Knowing what economic foundation, ideas and policy(ies) to adopt in a country is like trying to find the exit in a...

The Devil in Vogue: Rethinking subsidy and palliative measures in Nigeria

By Halima Abdulazeez Nigeria's economic challenges are getting more complicated with these two hydrae-headed terms that have become imbued in the national lexicon: Subsidy and...

Marketers urge FG to gradually relax removal of subsidies on PMS

Oil marketers advised President Bola Tinubu on Tuesday to gradually relax the removal of subsidies on Premium Motor Spirit, popularly called petrol, following the...

Subsidy removal will reduce carbon dioxide emissions – Shettima

Vice President Kashim Shettima said on Tuesday that with the removal of fuel subsidy, Nigeria is projected to save over 15 million tonnes of...

NASS approves N800 billion World Bank loan for subsidy palliatives

The National Assembly, NASS, has approved N816 billion as part of measures to alleviate the suffering of Nigerians occasioned by the fuel subsidy regime....

Deregulation: Monthly petrol consumption drops by 18.5million litres, says FG

The volume of Premium Motor Spirit, popularly called petrol, that was consumed across the country in the first half of 2023 is 11.26 billion...

FG saves N400bn in four weeks from subsidy removal

The Federal Government has so far saved about N400bn as a result of the removal of subsidy on Premium Motor Spirit, popularly called petrol,...

NEITI probes petrol consumption in Nigeria

The Nigerian Extractive Industries Transparency Initiative, NEITI, has commenced a study to determine the actual consumption of petrol in Nigeria, stressing that the high...

NEC mulls N702bn allowance for Civil Servants to cushion subsidy effects

The National Economic Council, NEC, said it considered recommendations from the National Salaries Income and Wages Commission to pay N702bn as cost of living...

Democracy Day: Tinubu vows to ease subsidy removal pains

The President, Ahmed Bola Tinubu has acknowledged the hardship being faced by Nigerians in the aftermath of the fuel subsidy removal and promised that...

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