Latest
FG is now paying more for fuel subsidy — El-Rufai
The immediate-past governor of Kaduna State, Mallam Nasir El-Rufai, has alleged that fuel subsidy is back in a bigger measure without the awareness of Nigerians.
He stated this while speaking with newsmen in Maiduguri, Borno State, on Monday, April 15, 2024.
Recall that in his inaugural speech, President Bola Tinubu had announced the removal of fuel subsidy, saying its payment was no longer justifiable.
However, according to El-Rufai, “Fuel subsidy is another policy that has been implemented by the president, it’s the right policy. I always supported withdrawing fuel subsidy. But, in the course of implementation as you can see the government has now realized that the subsidy has to be back because right now, we are paying a lot of money for subsidy even more than before.
So, we are still subsidizing Petrol because the government has realised that the way it implemented the fuel subsidy initially required some adjustments.
-
Latest7 days agoLagos NURTW organising secretary Toba Ajiboye dies after gunmen attack
-
Business5 days agoCBN targets $12bn annual Diaspora inflows to boost FX liquidity
-
Business1 week agoNCC unveils cost-sharing framework to boost broadband rollout, end repeated road excavations
-
Business5 days agoSEC launches nationwide campaign to help investors recover unclaimed dividends
-
Politics1 week agoAjeromi: NDC vows even distribution of prosperity amongst Nigerians
-
Latest1 week agoAPC unveils Lagos Assembly candidates, leaves out 12 incumbent lawmakers
-
Business3 days agoNigerian AI researcher champions ethical artificial intelligence at COPA AI 2026 summit in Wales
-
Latest7 days agoOyo APC berates Makinde over call for UN probe into Oriire school rescue