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Petrol may hit N1,800/litre as Dangote okays price hike, advocates subsidy...

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Dangote Petroleum Refinery, sole producer of petrol being offtaken and distributed to Nigerians by the NNPCL, has declared that the government should end subsidy,...

World Bank Says NNPC Ltd is not transparent on subsidy, dollar...

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The World Bank has said the Nigeria National Petroleum Company Limited is not transparent about the financial gains from fuel subsidy removal. This extends...

October revenue: FAAC shares N906.955bn to FG, states, LGs

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The Federation Account Allocation Committee (FAAC) has shared N906.955 billion October 2023 Federation Account Revenue to the Federal Government, states, and Local Government Councils. This...

Subsidy removal: FG records N1tn monthly revenue inflow — Minister

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The Minister of Finance, Wale Edun, says the federation account has been witnessing improved revenue inflow since the removal of subsidy from average of...

Nigeria to spend N750.81bn on fuel subsidy in 2020

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The Federal Government is expected to spend N750.81bn on petrol subsidy in 2020, latest data from the Petroleum Products Pricing Regulatory Agency have shown. For...
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