The Nigerian National Petroleum Company Limited (NNPCL) has said it is in support of the pronouncement of President Bola Tinubu on the removal of fuel subsidy. The President, in his inaugural address on Monday, had declared an end to the era of subsidy payment, saying the 2023 budget made no provision for fuel subsidy, so further payment […]
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has disclosed that the Federal Government of Nigeria has secured the sum of $800 million from the World Bank under the National Social Investment Programme as part of palliatives to cushion the negative effects of the plan to remove subsidy on the petroleum products by June 2023.[…]