Tinubu To Jonathan in 2012: Subsidy Removal Will Bring Hardship On The People 2015: Tinubu Calls For Immediate Removal Of Fuel Subsidy ”The hardships they thrust upon the poor often bear no other purpose than to keep them poor. This is such a time. I am not calling President Goodluck Jonathan an evil man. I […]
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The federal government in extra budgetary expenditure in 2015 spent a staggering N222.1 billion to end the fuel scarcity that crippled the country till July this year, without recourse to the National Assembly. Nigeria’s finance ministry made the disclosure in a presentation before the House of Representatives ad-hoc committee probing the non-implementation of capital projects […]
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The new head of Nigeria’s state oil company said on Thursday the country’s fuel subsidy was an unsustainable drain on the economy, calling for deregulation of the oil and gas sector. “Subsidy creates distortions in government revenue distribution,” Nigerian National Petroleum Corporation (NNPC) managing director Emmanuel Kachikwu said in a speech in Lagos, the country’s […]
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