Several facts reveal the lack of seriousness of those asking for fixing refineries, as a pre-condition for subsidy removal, than the fact that most of them...
He said, “As far as the refineries are concerned, I am a strong advocate that it should be privatised because the refineries have staff (members) who...
In the medium to long-term, there should be accelerated efforts to upscale domestic refining capacity, driven by private investments; accelerated investments in rail transportation by the...
She explained that the removal of the subsidy will likely take effect in June because the Petroleum Industry Act, PIA and the 2023 budget provided subsidy...
“Price discrimination is also a possibility, which has theoretical underpinnings. The $800 million seems to be politically laudable. It’s not just economically feasible in the long...
The National Treasurer, NLC, Hakeem Ambali, said the union had yet to be involved in any form of discussion concerning the issue.
The new government should come up with comprehensive reforms aimed at addressing these challenges if Nigeria is to achieve sustainable development through petroleum-generated revenue. The Tinubu's...
Reinforcing the inconclusive state of the palliative funding, she also stated: ”On the issue of other palliatives beyond the transport sector, again it would be part...
“Equally we also extend the grace period to outlets that have expired license to do everything within their power to ensure they are regularised. We’ve started...
Ahmed explained that wide-ranging negotiations were underway to deploy non-cash palliatives such as “mass transit” system for workers’ daily commute.