In a startling turn of events, the federal government has finally acknowledged that Nigeria, the largest oil-producing nation in Africa, will spend up to N5.4 trillion on petrol subsidy in 2024. This follows months...
Stakeholders in the downstream petroleum sub-sector drawn from the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) and the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) have assured that the prevailing...
The World Bank has said the federal government may still be paying for petrol subsidy as fuel prices in Nigeria are currently not cost-reflective. It said Nigerians should pay about N750 per litre as...
Festus Osifo, the National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and also the president of the Trade Union Congress (TUC), has asserted that the Federal Government is...
Baring last minute changes, President Bola Tinubu will announce a palliative package to enable Nigerian workers cope with the fuel subsidy removal during his Independence Day speech on October 1. This, according to Olajide...
There was mild drama in Ondo state during the sharing of palliatives meant for citizens to cushion the effects of fuel subsidy. In a video sighted by this medium, the chairman was seen beating...
Zenith Bank and United Bank for Africa (UBA) are the top Nigerian banks that recorded the highest salary growth for their employees in the first half of 2023, a BusinessDay analysis shows. According to...
The Major Oil Marketers Association of Nigeria (MOMAN) has explained that petrol prices would not come down to as low as N200 per litre even if the refineries were working. The association disclosed this...
The Nigeria Labour Congress (NLC) has declared a two-day warning strike over the impact of petrol subsidy removal on the masses. The strike is scheduled to commence on Tuesday, September 5. More to follow…...
Some Bayelsa State citizens have reportedly forced their way into a warehouse where palliatives were kept to be distributed to some group of persons. Naijinfo learnt that the warehouse located along Isaac Boro Expressway...