Post Tagged with: "fuel subsidy"

IPMAN

How FG Gazetted Fuel Subsidy Removal Secretly – Investigation

Energy, Oil & Gas September 17, 2020 at 10:00 am Comments are Disabled

  Olatunde Dodondawa The Federal Government of Nigeria has secretly gazetted subsidy removal on premium motor spirit (PMS) otherwise called petrol without the involvement of key industry stakeholders. According to an investigation by Borderless News, a leading online newspaper, on March 20, 2020, with the approval of President Muhammadu Buhari, GCON,Read More

President Muhammadu Buhari

Federal government says no more fuel subsidy

Energy, Oil & Gas September 4, 2020 at 11:45 am Comments are Disabled

The Federal Government said it will not reverse the new approach of selling petroleum according to prevailing global market as it does not bhave the financial capacity to subsidize the cost of premium motor spirit (PMS) otherwise known as petrol. Minister of State for Petroleum Resources, Chief Timipre Sylva, disclosedRead More