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Tag: subsidy

January 21, 2014

Opinion: Let us kill subsidy before it kills us

by Henry Boyo Should Nigerians endure abject poverty in spite of increasing wealth for our serial economic predators or are we ready to resolutely demand that only policies that would…

November 28, 2013

Reps set to investigate subsidy, expenditure on kerosene

by Akintomiwa Agbaje The House of Representatives mandated its committee on Petroleum Resources (Upstream) to conduct an investigative hearing on the expenditure and subsidy on kerosene, yesterday. The tenets surrounding the…

November 17, 2013

Dear unemployed graduate, SURE-P has some money for you…

by Chi Ibe Photo: Thescoopng The federal government's Subsidy Reinvestment and Empowerment Programme (SURE-P) is in the news again - and, thankfully this time, it is not about missing monies.…

November 17, 2013

“INVALID VOTES is scoring more than Ifeanyi Ubah” – See top 10 tweets on the LP candidate’s looming loss

by Chi Ibe The votes have not been counted, but it is clear, Labour Party candidate and business-man Ifeanyi Ubah is clearly not winning this election, save for some miracle.…

November 11, 2013

Opinion: The blessing of oil – A peculiar mess

by Les Leba Worse still, government’s attempt to support the poor with over 50% subsidy on kerosene prices has been largely undermined, as NNPC’s porous regulatory structures and systems appear…

November 6, 2013

Ijeoma Nwogwugwu: The Kerosene subsidy scandal

by Ijeoma Nwogwugwu I have often argued that the hue and cry over the retention of the subsidy on petrol is one that is managed and controlled by the elite.…

April 18, 2013

For The Records: Ngozi Okonjo-Iweala fights back on Amanpour (WATCH, READ TRANSCRIPT)

AMANPOUR: Welcome back to the program. Africa's most populous nation, Nigeria, is full of promise. But fulfilling that promise is sometimes a struggle. Plagued by corruption and mismanagement, the resource-rich…

April 17, 2013

Dangote set to build $8 billion oil refinery in Nigeria by 2016

The Chairman of the Dangote Group, Aliko Dangote has announced plans to invest about $8bn to build a 400,000 bpd capacity oil refinery in Nigeria by 2016. Dangote, Africa's richest…

February 10, 2013

3 steps Nigerian youth ought to take to save a sinking nation

by Emeke Ossai In 1985, IBB was the President of Nigeria, and students then were told that they were the leaders of tomorrow. Twenty-five years later, the same man said…

January 7, 2013

#OccupyNigeriaAnniversary: “Are we the younger generation any different for those we condemn?” – Chioma Chika

- Chioma Chika shares her experience at the London protest. No doubt it was a brilliant effort but the only thing I could think of all the way home was…

December 13, 2012

She can’t catch a break: Oil marketers accuse Okonjo-Iweala of deceit

Oil marketers on Wednesday said the N161bn supplementary request by President Goodluck Jonathan had vindicated their insistence that the government’s provision for fuel subsidy for the year was inadequate. The…

December 3, 2012

Ha-ha-ha: EFCC ridicules plea bargain offer by alleged subsidy thief

The accused is being arraigned for involvement in multiple scams. The Economic and Financial Crimes Commission, EFCC, has described the plea bargain terms of Seun Ogunbambo, who is facing prosecution…

November 16, 2012

“To change a nation is like surgery” – President Jonthan advocates the full removal of fuel subsidy

by Rachel Ogbu Yesterday, President Goodluck Jonathan launched a fresh campaign to totally remove the subsidy on fuel. President Jonathan said total removal of subsidy on petroleum products was the…

September 21, 2012

See you in court: Nigeria Governors’ Forum sues FG over deductions from excess crude account

by Stanley Azuakola Once again, The Nigeria Governors Forum (NGF) said on Thursday that it would return to court to challenge the Federal Government’s deductions from the Excess Crude Account,…

August 23, 2012

Planned strike: “NUPENG is anti-Nigerians” – Okonjo-Iweala

by Isi Esene The co-ordinating minister for the Economy and minister of Finance, Dr. Ngozi Okonjo-Iweala has described the planned nationwide strike by members of the National Union of Petroleum…

July 17, 2012

#InCaseYouMissedIt: Hello Nigeria, how do you like your fuel, imported from Niger?

by Isi Esene The rumour going the rounds that Nigeria has started importing refined fuel from it northern neighbour, Niger, has been found to be true. This was confirmed by…

July 10, 2012

We will prosecute “subsidy thieves” – Adoke

by Isi Esene The Attorney-General of the Federation and Minister of Justice, Mr. Muhammed Adoke, has said the trial of "subsidy thieves" will commence next week according to the Punch…

June 24, 2012

Opinion: Subsidy scandal: Farouk Lawan’s supporters are unpatriotic

by Tunde Temionu The January 1, 2012 oil subsidy removal threw the ordinary man into trepidation. Despite public opinion against the removal, the Presidency was hellbent on carrying it out.…

April 30, 2012

Soni Daniel: Mr. President, Let this subsidy mess be Nigeria’s last

by Soni Daniel Goodluck Jonathan “For, as I have often told you before and now say again even with tears, many live as enemies of the Cross of Christ. Their…

April 24, 2012

PHOTOS: Anti-Farouk Lawan Committee Report protesters take over Abuja

by Hauwa Gambo Well, well, look what we have here. As you might notice, they appear to have police protection. Photos Courtesy of Omojuwa.com

April 16, 2012

“We haven’t saved a thing!” – Sanusi says it’s time to remove fuel subsidy totally

by Lekan Olanrewaju The governor of the Central Bank of Nigeria, professor Lamido Sanusi has advocated for the full removal of subsidy on petroleum products, saying that the current system is…

March 30, 2012

N27 billion: FG approves subsidy for agriculture

by Lekan Olanrewaju The Federal Executive Council on Wednesday approved a 50 per cent subsidy of N27 billion for the supply of fertilisers to rural farmers in 2012. Minister of Agriculture…

March 19, 2012

Broken record? Pastor Tunde Bakare – “The government is not competent!”

by Lekan Olanrewaju In a recent statement, the founder of the Latter Rain Assembly and convener of Save Nigeria Group (SNG), Pastor Tunde Bakare, has spoken on the state of the nation,…

March 14, 2012

#InCaseYouMissedIt: Your bill’s about to go up! Electricity tariffs increase by 51%

by Lekan Olanrewaju Last month, there had been reports of plans to increase Nigerian power tariffs by as high as 88%. The Senate Committee on Power, recently, met with the Minister…

January 9, 2012

From the Bloggers: On subsidies, strikes and scandals.

by Wilfred Okiche It was all about the removal of fuel subsidy and it’s resultant effects this week. The blogosphere was alive and buzzing and there were screaming headlines like;…

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