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Breaking: Fuel Subsidy: FG announces N5bn palliatives for each state, FCT

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NAIJA NEWS: Breaking: Fuel Subsidy: FG announces N5bn palliatives for each state, FCT [New Naija News] » Naijacrawl
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To lessen the effects of the elimination of the gasoline subsidy, the Federal Government announced a N5 billion palliative to each state of the federation, including the Federal Capital Territory (FCT).

Read Also : Fuel Subsidy: Adeleke promises to provide palliatives for Osun people


This information was provided by Babagana Zulum, the governor of Borno State, during a discussion with State House reporters on Thursday in Abuja following the National Economic Council (NEC) meeting.

Vice President Kashim Shettima presided over the NEC meeting on Thursday.

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Ojo Sunday Victor, A Professional Graphics Designer, and a skilled Content Writer in Entertainment, News and Sport Update.!An Undergraduate in Ladoke Akintola University of Technology (LAUTECH, Ogbomoso). Read More

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Naija News

I Will Repay You For Removal Of Fuel Subsidy, Bear With Me – Tinubu Tells Nigerians

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1 year ago

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NAIJA NEWS: I Will Repay You For Removal Of Fuel Subsidy, Bear With Me – Tinubu Tells Nigerians [New Naija News] » Naijacrawl
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President Bola Ahmed Tinubu has promised that his administration will invest massively in transportation infrastructure, education, power supply, healthcare, and other public utilities to improve the lives of Nigerians to repay Nigerians for removal of fuel subsidy.The President made the promise in a a national broadcast to mark June 12, the first Democracy Day he will celebrate since his inauguration as president on 29 May, 2023.In the national broadcast to be aire...
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Naija News

Fuel Subsidy: Oshiomhole rules out return to old price, as TUC insists on N194/liter

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1 year ago

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NAIJA NEWS: Fuel Subsidy: Oshiomhole rules out return to old price, as TUC insists on N194/liter [New Naija News] » Naijacrawl
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Former governor of Edo State and currently a Senator-elect, Adams Oshiomhole has ruled out the possibility of the Federal Government reversing the current Petroleum pump price from the N488 and N557 per litre to N194.Oshiomhole, who spoke while featuring on Channels Television on Sunday, said the 2023 budget does not provide for fuel subsidy beyond May 31st.Backing the decision of President Bola Tinubu who announced the removal on Monday last week, Oshiomhole said i...
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Naija News

Fuel Subsidy: Why Petrol Prices Will Soon Come Down – Nigerian Company, NNPCL

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1 year ago

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NAIJA NEWS: Fuel Subsidy: Why Petrol Prices Will Soon Come Down – Nigerian Company, NNPCL [New Naija News] » Naijacrawl
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The Nigerian National Petroleum Company Limited (NNPCL) has claimed that with time, the current high pump price of premium motor spirit (PMS) popularly known as fuel will come down.The Group Chief Executive Officer of the NNPCL, Mele Kyari, who gave the assurance on Thursday during an interview on Arise News TV, said that competition among major players in the oil sector would force down the price of fuel as against the current price hike that had caused panic and c...
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