Tag: Fuel subsidy
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Makinde Rejects Fuel Subsidy Return, Seeks Cheaper Petrol for Nigerians
By George Omagbemi Seyi Makinde, presidential candidate of the Allied Peoples Movement (APM) and Governor of Oyo State, has rejected calls for the return of petrol subsidy, saying the focus should instead be on developing a fairer pricing framework that will make fuel more affordable for Nigerians. Makinde spoke on Monday, September 7, 2026, during…
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Fuel Subsidy Return Could Reverse Nigeria’s Economic Gains, Idris Warns
By George Omagbemi The Minister of Information and National Orientation, Mohammed Idris, has warned against renewed calls for the restoration of petrol subsidy, arguing that returning to the old system could undermine Nigeria’s fiscal position, weaken investor confidence and reverse gains recorded from the economic reforms of President Bola Ahmed Tinubu. Idris made the position…
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Tinubu Government Gives Breakdown of Fuel Subsidy Removal Savings
By George Omagbemi The Federal Government has released a detailed breakdown of the financial gains from the removal of petrol subsidy under President Bola Ahmed Tinubu’s administration. The disclosure was made on Wednesday, August 19, 2026, by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, while presenting the government’s “Nigeria’s Reform…
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Oil Subsidy, Exchange Rate Cabals Want Me Dead — Tinubu
By George Omagbemi Sylvester President Bola Ahmed Tinubu has stated that individuals benefiting from fuel subsidy payments and multiple foreign exchange systems are unhappy with his administration and allegedly “wish him dead” over the economic reforms introduced since he assumed office in 2023. The remarks were delivered on his behalf by former Ogun State Governor,…
