The Federal Government's intentions to increase electricity tariff by more than 66%, from N116.18 to N193.63 per kilowatt-hour, have been met with opposition from power users. Speaking to reporters at the ...
In an effort to lessen the pain that Nigerians are going through, a coalition of civil society organisations named The Osun Masterminds, or TOM, have urged President Bola Tinubu to ...
The Federal Government of Nigeria will need to come up with the sum of N3.2trn in 2024 to reverse the recent hike in electricity tariff, the Chairman of the Nigeria ...
The Director-General of the Nigeria Employers’ Consultative Association, Adewale-Smatt Oyerinde, has advised the Federal Government to reinvest subsidy removal gains in infrastructure. In an exclusive interview with The PUNCH, Oyerinde ...
A recent report titled "State of Entrepreneurship," published by the Fate Foundation, discloses that a staggering 90% of businesses in Nigeria experienced adverse effects following the removal of the fuel ...
The Edo State Governor, Mr. Godwin Obaseki, on Monday, said the Federal Government might not be able to pay workers’ salaries beyond June 2023 without resorting to massively printing money ...
Oil marketers have asked the Federal Government to implement a transition plan in preparation for fuel subsidy removal after May 29. While speaking with Sunday PUNCH on the sidelines of the just-concluded ...
The Federal Government has said it sometimes borrows funds to buy petrol as the country continues to incur rising fuel subsidy bills. The government also confirmed that there was a ...
The International Monetary Funds (IMF) has asked the Nigerian Government to consider the complete removal of fuel subsidy. IMF Managing Director, Christine Lagarde, who said this at a press conference ...
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