Petrol subsidy

The prospect for a successful implementation of the 2023 budget relies heavily on the government’s ability to remove petrol subsidies and ramp up oil earnings, a review of the budget…

So much has been said about the petroleum products subsidy and whether, the same should be removed and if the same is to be removed, what the conditions should be. The foregoing has been the…

The current fiscal impact of fuel subsidy has shown that it is not sustainable, President Muhammadu Buhari said on Friday during the presentation of the 2023 budget to the National Assembly.…

Huge petrol subsidy payment is majorly the reason Nigeria continues to stockpile recent debts, according to the Director General of the Debt Management Office, DMO, Patience Oniha.…

The Nigerian government has the difficult prospect of burning over N6trillion on petrol subsidies next year amidst competing needs or removing subsidies and facing the ire of labour and…