Business

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says its members across the country still sell Premium Motor Spirit also known as petrol at N196 per litre despite the removal of fuel subsidy announced by President Bola Tinubu during his inaugural speech on May 29, 2023. “Subsidy is going to …

Federal Government representatives are expected to meet with the leadership of the Nigeria Labour Congress (NLC) today by 2pm over the planned removal of fuel subsidy. “Government seems to have shown interest in discussion. As at last night, they reached out and we have fixed 2pm today (Wednesday) to commence …

President Bola Tinubu on Tuesday met with the Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele and the Group Chief Executive Officer of the Nigeria National Petroleum Company Limited, NNPCL, Mr. Mele Kyari at the Presidential Villa, Abuja. This was the first official assignment by the President …

The Asiwaju Bola Ahmed Media Centre, has urged Nigerians to stop panic buying of petroleum product over the statement of President Bola Tinubu on fuel subsidy. The Tinubu media centre made this appeal in a statement issued via its verified Twitter handle on Tuesday. It noted that the President’s statement …

The House Of Representatives on Tuesday commended the decision of President Bola Tinubu on fuel subsidy removal. This followed a motion of urgent public importance by a member, Jimoh Olajide. The House further appealed to Nigerians to be patient and prayerful to allow the President deliver on his promises. On …

The Nigerian National Petroleum Company Limited (NNPCL) has welcomed the pronouncement of President Bola Tinubu on the removal of fuel subsidy. The President, in his inaugural address on Monday, had declared an end to the era of subsidy payment, saying the 2023 budget made no provision for fuel subsidy, so …

President Bola Tinubu, has been officially sworn in as the 16th president of Nigeria amid colourful events and festive mood at the Eagle Square today (Monday). Tinubu, in his inaugural speech, touched on keynote policies and initiatives that will herald the start of his administration. Here are seven major takeaways …

President Bola Tinubu, has vowed that he will defend Nigeria from all forms of terror, as well as end extreme poverty in the country. Tinubu stated this while delivering his inaugural speech as the 16th President of Nigeria at the Eagle Square today (Monday). He said, “I will do that …

President Bola Tinubu, on Monday, in Abuja, announced that his administration will remove the subsidy on Petroleum products. “Subsidy is gone” Tinubu exclaimed during his inaugural address at Eagle Square, Abuja, shortly after he was sworn in as the 16th President of Nigeria. The president said there was no provision …

Babatunde Raji Fashola Minister of Works and Housing, Babatunde Fashola, has said the administration of President Muhammadu Buhari would continue to award contracts till midnight of May 28.Fashola described as ‘juvenile conversations’ questions by critics on why the Buhari administration was still awarding contracts when it had few days to …