The Presidency says President Bola Tinubu has refused to restore the fuel subsidy because the system mainly benefited fraudulent operators rather than ordinary Nigerians. Speaking during an interview on Channels Television’s Politics…

Nigeria’s Minister of Finance, Taiwo Oyedele, has officially dismissed any possibility of returning to a fuel subsidy regime to safeguard the national economy. Speaking on the current administration's financial strategy, he made it…

The Lagos State Government, through the IBILE Oil and Gas Corporation (IOGC), has announced that 65 vehicles have already been converted to Compressed Natural Gas (CNG), with 550 more set to be completed by July 2025. This initiative is…

President Bola Tinubu has said that the removal of fuel subsidy by his government was in the best interest of Nigeria, saying it was necessary to avoid the country from going bankrupt. He stressed the country’s belief in economic…

The Judiciary Staff Union of Nigeria, (JUSUN) has ordered its members to shut down all courts in the country on Tuesday and Wednesday in line with the decision of the Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, to…

Nigerian business tycoon, Aliko Dangote and Co-Chair of the Bill and Melinda Gates Foundation, Bill Gates have congratulated President Bola Tinubu on the removal of fuel subsidy and other recent strides achieved by the new administration.…

The National Industrial Court, (NIC), sitting in Abuja, on Monday, restrained the Nigerian Labour Congress, (NLC) and the Trade Union Congress, TUC, from embarking on their planned strike to protest the removal of fuel subsidy by the…

Angola reduced its gasoline subsidy, the same week Nigeria, Africa’s biggest oil producer, scrapped its own subsidy, causing pump prices to triple according to a Bloomberg report. The yield on Angola’s 2028 eurobonds fell 16 basis points…

Nigerian musician and socio-political activist Charles Oputa, better known by his stage name Charly Boy, has backed President Bola Tinubu’s decision to remove fuel subsidies. Following the termination of the subsidy, the new pump price…

The meeting between the Federal Government and the Nigerian Labour Congress (NLC) over fuel subsidy removal has ended without a consensus. The meeting began around 4 pm on Wednesday at the Presidential Villa, Abuja. Representatives of…