Energy
Abubakar warns against increase in fuel price
The National Economic Council had recently recommended that fuel price be pegged at N302 per litre.
Former Head of State, Gen. Abdulsalami Abubakar (retd.) has warned the Federal Government against an increase in the price of petroleum.
Abubakar said this on Thursday, January 20, 2022, while speaking at the 19th Daily Trust Dialogue in Abuja.
The National Economic Council had recently recommended that fuel price be pegged at N302 per litre.
It would also be recalled that the International Monetary Fund (IMF) had in November last year advised the Federal Government to remove fuel and electricity subsidies completely in 2022 and implement revenue-based fiscal consolidation.
-
Latest7 days agoCole-Alegbe unveils memoir, urges leaders to harness technology for lasting impact
-
Football3 days agoBanda, Chawinga make 2026 Women’s Ballon d’Or top 30 shortlist
-
Business4 days agoNigeria records N12.59trn trade surplus in Q2 2026 — NBS
-
Business5 days agoNigerian Breweries’ H1 profitability strengthens as revenue hits N804bn
-
Featured3 days agoPeter Obi, Makinde and the 2027 elections: Can unity really challenge APC?
-
Business7 days agoJetour G700 PHEV Storms Abuja as Jetour Nigeria Takes Luxury Mobility Showcase to FCT
-
Latest5 days agoTinubu’s US legal battle: Group questions silence of elder statesmen
-
Business1 week agoMultinationals exit Nigeria as economic pressures reshape business landscape