Oil subsidy

Contrary to the expectation of the outgoing administration of President Muhammadu Buhari, the $800 million facility from the World Bank to cushion the effect of the removal of oil subsidy is likely to be disbursed to the incoming Nigerian…

As the controversy on the $800 million subsidy facility rages,  Nigerians have asked the World Bank to defer the disbursement till the incoming government assumes office. The outgoing government of President Muhammadu Buhari…

Fuel crisis is looming as the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) on Tuesday gave the Federal Government a 14-day ultimatum  to settle a N650 billion debt owed its members. Failure of the…