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7 Articles
Energy

FG N1.3tn Subsidy Debt Won’t Affect Dividend – NNPCL

The outstanding N1.3tn debt of the Federal Government to the Nigerian National Petroleum Company Limited has nothing to do with the payment of...

Opinion

Effect Of Subsidy Removal On Your Insurable And Insured Assets

BY OLUSEYI IFATUROTI—Apart from resources being made available for development in other sectors of the economy. Removal of fuel subsidy brings about an...

Energy

Subsidy: FG Borrowing To Import Fuel, Says Minister

The Federal Government has said it sometimes borrows funds to buy petrol as the country continues to incur rising fuel subsidy bills. The...

Money

W’Bank Commits $8.5bn To Nigeria, Faults N6.7tn Subsidy

The World Bank has committed $8.5 billion to Nigeria to fund critical issues ranging from agriculture to education. Disclosing this on Thursday in...

Energy

NNPC To Pay N874bn In June As Subsidy Hits N1.82tn

Operators in the oil and gas sector as well as other stakeholders are uncomfortable with the continued rise in the amount spent in...

Energy

Subsidy Hits 45% Of Fuel Import Bill In Q1 – NBS report

Web image The National Bureau of Statistics has disclosed that Nigeria spent N1.51tn on the imports of premium motor spirit, also known as...

Energy

Subsidy Payment Costs N864.07bn In Nine Months –NNPC Report

The Nigerian National Petroleum Corporation spent a total of N864.07bn between January and September subsidising Premium Motor Spirit, popularly known as petrol. This...

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