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Former President of Nigeria, Chief Olusegun Obasanjo has explained that the fuel subsidy removed in June 2023 by President Bola Tinubu’s administration has returned to the economy due to inflation. Obasanjo stated this in a recent interview with the Financial Times. He faulted how Tinubu’s administration removed fuel subsidies. According to him, the government should…
The 36 State governors in Nigeria have called on the federal government to enforce a “no-meter, no-service” policy for all new electricity connections in the country. The plea was outlined in the Development of the National Integrated Electricity Policy & Strategic Implementation Plan: Policy Recommendations by State Governments to the Federal Ministry of Power document…
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The federal government may increase the price of Premium Motor Spirit (PMS), better known as petrol, to N302 per litre in February 2022 as part of the recommendation of the National Economic Council (NEC) in November 2021. This is part of the government’s plan to fully deregulate the PMS prices, eliminating monthly subsidy payments with…
Read More “Litre of Petrol To Cost N302 by February- NEC Recomemdation” »