Tag Archives: subsidy

Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun, has disclosed that N2 billion has so far been released to each state government from the N5 billion earmarked for palliative in light of the removal of fuel subsidy.   Edun revealed this at a meeting on Friday, …

Ogunkolade also noted that Federal Government’s proposed palliatives to states to cushion the effect of the removal of fuel subsidy were temporary. Pensioners are worst-hit by galloping inflation that had set …

The economic crunch occasioned by the removal of fuel subsidy has grossly affected commercial sex workers in Kano State as they have been complaining about low patronage by their customers.   They expressed their pains while fielding questions from the News Agency of Nigeria (NAN) in Sabon Gari area of …

The Kaduna State government has reduced tuition fees for state-owned tertiary institutions as part of efforts to cushion the effect of the rising cost of living in the wake of the fuel subsidy removal.   The government says it has slashed tuition fees between 30 to 50 percent for students …

The Governor of Nasarawa State, Abdullahi Sule, says he disagrees with those arguing that the proposed N8,000 palliative by the Federal Government won’t do much to cushion the effects of the removal of fuel subsidy on poor Nigerians.   While speaking on Channels TV this evening July 21, the governor …

Governor Hope Uzodinma of Imo state has increased the minimum wage of workers in the state to N40,000.   The governor made this known while addressing members of the state executive council on Saturday, July 15. He  said the current economic situation caused by the removal of fuel subsidy is …

President Bola Ahmed Tinubu has said that he understands the hardship the removal of fuel subsidy has brought upon Nigerians and assured Nigerians that the decision was in the best interest of the country, especially in guaranteeing future prosperity.   The President stated this when he received the 18 governors …

The Kwara state government has reversed its directive issued on June 5, reducing working days from five days to three days for civil servants in the state over the removal of fuel subsidy by the federal government.     As part of measures to cushion the effect of the economic …

Garba Shehu, the former Senior Special Assistant to the immediate past president, Muhammadu Buhari on Monday, June 26, has said President Tinubu wouldn’t have won the 2023 presidential election if Buhari had removed the subsidy on petrol. In a statement titled, “Why did it take the new Tinubu/ Shettima presidency …

The meeting between the government and labour leaders will resume at 4:00 pm today. The Federal Government and the leadership of the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) will resume talks on petrol subsidy removal palliatives today, Monday, June 19, 2023.