subsidy Archives - Freedom Online

Alt="Chief Financial Officer, NNPC Ltd. Alhaji Umar Ajiya"

The Nigerian National Petroleum Company Limited (NNPC Ltd.), says it has not paid fuel subsidy to anybody in the last ...

NNPC Ltd disowns report on alleged inflated subsidy claims

by Robert Imoh

June 10, 2024

The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Monday disowned reports in some sections of the media alleging that ...

Petrol subsidy not sustainable – IPMAN

by Gbemi Banks

November 14, 2022

The Independent Petroleum Marketers Association of Nigeria (lPMAN), says subsidy on Premium Motor Spirit, popularly known as petrol, is no ...

German parliament suspends debt brake to pave the way for subsidies

by Gbemi Banks

October 21, 2022

Germany’s Bundestag lower house of parliament on Friday approved another suspension of the country’s debt break against the backdrop of ...

Fuel scarcity: FG releases petrol to independent marketers

Oil marketers canvass for total deregulation of petroleum downstream sub-sector, says ‘subsidy breeds corruption’

by Roland Edwards

January 14, 2018

The Independent Petroleum Marketers Association of Nigeria (IPMAN) and Depot and Petroleum Products Marketers Association (DAPPMA) have called for ...

Petroleum marketers urge FG to settle $2bn outstanding subsidy claims

by Ola Simeon

July 27, 2017

The Depot and Petroleum Products Marketers Association (DAPPMA) has urged the Federal Government to pay the outstanding debts of $2 billion ...

FG pays oil marketers outstanding N48.2bn subsidy arrears

by Ibrahim Ahmadu

May 17, 2016

Minister of Finance, Mrs Kemi Adeosun, on Tuesday said the Federal Government had fully paid the N48.2 billion outstanding subsidy ...

Senate mandates committee to investigate issues on foreign vessels

FG to pay subsidy on PMS

by Robby Akeju

May 2, 2016

The Federal Government said it would pay subsidy on Premium Motor Spirit (PMS) from the recoveries made in the first ...

Subsidy: We will not aggravate sufferings of Nigerians, assures Senate

by Ibrahim Ahmadu

January 7, 2016

The Senate on Thursday said it would not take any decision on oil subsidy that would aggravate the suffering of ...

PPPRA: Deregulation will force down PMS price

FG gives Nigerians N2 New Year gift, reduces petrol price to N85 per litre, scraps subsidy

by Chidi Roberts

December 25, 2015

Nigerians got a N2 New Year gift from the Federal Government on Friday. From January 1, N2 will be removed ...

Senate passes revised 2020 Budget of N10.8trn

Senate directs committees to probe subsidy claims, passes N574bn supplementary budget

by Ibrahim Ahmadu

December 1, 2015

The Senate on Tuesday passed N574 billion Supplementary Appropriation Bill, approving N521 billion for the payment of subsidy claims. The ...

Senate to Petroleum Ministry, NNPC: Harmonise subsidy claims

by Ibrahim Ahmadu

November 30, 2015

The Senate on Monday directed the Ministry of Petroleum, Nigerian National Petroleum Corporation (NNPC) and other relevant stakeholders to harmonise ...