Nigeria Fuel Subsidy Protests

The Social Democratic Party, PDP, presidential candidate, Adewole Adebayo, says he will crash the prices of petroleum products to N200 per litre if elected President in 2027. Adebayo, who stated this on Sunday in interview with the News Agency of Nigeria, said the proposed pricing regime would be implemented within 12

…Cites CORAN, Trump in support of production subsidy By Omeiza Ajayi ABUJA — Presidential candidate of the African Democratic Congress, ADC, Atiku Abubakar, has faulted President Bola Tinubu’s handling of fuel subsidy removal, citing increases in the prices of petrol, fertiliser and cement as evidence of the rising cos

The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, on Sunday declared that President Donald Trump of the United States, US, is backing his proposed policy on the restoration of fuel subsidy. Atiku had pledged to return the subsidy on fuel if elected as the President of Nigeria in 2027. He mad

ABUJA — The presidential candidate of the Social Democratic Party, SDP, Prince Adewole Adebayo, has promised to reduce the prices of petrol, cooking gas and aviation fuel, Jet A1, to N200 per litre if elected president in 2027. Adebayo made the pledge while featuring on the News Agency of Nigeria, NAN, Personality Inte

A Professor at Obafemi Awolowo University, Ile-Ife, Professor Tunji Ogunyemi, has warned that a return to the petroleum subsidy regime could have devastating consequences for Nigeria’s public finances, including the possible collapse of more than 15 states in the northern region. Ogunyemi, an economic historian, lawyer

The Nigerian Union of Pensioners (NUP) has lamented that, three years after the Federal Government approved a three-month ₦25,000 monthly palliative for vulnerable Nigerians following the removal of the fuel subsidy, pensioners—its members—are still waiting for payment. The post Pensioners to Tinubu: We’re yet to get s

A chieftain of Accord Party, Gbenga Olawepo-Hashim, has said that petrol should sell for N605 per litre in Nigeria. Olawepo-Hashim made this assertion in an interview on Channels Television’s Politics Today on Friday. He also described the policy that led to the removal of fuel subsidy as ‘insanity’. The Kwara-born pol

Accord Party presidential aspirant, Gbenga Olawepo-Hashim, has challenged the Federal Government’s justification for the high price of petrol, saying the fuel subsidy debate is essentially “accounting magic” and that petrol could sell for about N605 per litre. Olawepo-Hashim made the assertion on Channels Television’s

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said debates over the removal of fuel subsidy are now belated, urging the Federal Government to ensure that the policy’s benefits translate into improved living conditions for Nigerians. PENGASSAN President, Bosun Olabiyi-Agoro, stated th

The Accord party chieftain proposed N605 per litre as an ideal pump price The post Fuel Subsidy Is ‘Accounting Magic,’ Accord Party’s Olawepo-Hashim Says Petrol Overpriced In Nigeria appeared first on Channels Television .

According to Makinde, the longstanding argument over fuel subsidy has failed to address the more fundamental issue of how petroleum prices are actually determined. The post Fuel Subsidy: Nigeria’s pricing model must change – Gov Makinde appeared first on Vanguard News .

“Nigerians should not be made to bear the cost of government’s inability to secure its borders,” he added. The post Fuel subsidy: Nigerians shouldn’t pay more because FG can’t secure borders — Makinde appeared first on Vanguard News .

The pump price of Automotive Gas Oil, AGO, popularly known as diesel, has surged above N2,000 per litre in Nigeria. A market survey by DAILY POST showed that the retail price of diesel jumped on Friday to between N2,000 and N2,020 per litre from N1,700 to N1,800 across AA Rano, Empire Energy, Ranoil and other filling s

Debates over subsidy removal have made headlines in recent weeks as campaigns intensify for the 2027 elections. However, PENGASSAN says the argument is belated. The post Debates About Subsidy Removal Belated, Nigerians Need To Start Seeing Its Benefits — PENGASSAN appeared first on Channels Television .

…Babayo says states, LGs received trillions in additional allocations By Henry Umoru ABUJA — Chairman of the Board of the Federal Roads Maintenance Agency, FERMA, Dr Musa Babayo, has backed the removal of petrol subsidy by President Bola Tinubu, urging Nigerians to hold their governors and local government chairmen acc

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says filling stations across the Federal Capital Territory (FCT) will begin adjusting petrol pump prices downward in the next few days. The post Filling stations to drop petrol pump prices soon – IPMAN appeared first on Vanguard News .

For decades, removing the petroleum subsidy in Nigeria was a political hot potato and then a political football. The first metaphor refers to the squeamishness of some past governments about removing the subsidy. The second describes self-interested and hypocritical politicians whose presidential ambitions led them to

Depot prices of Premium Motor Spirit, PMS, may rise further above N1,290 per litre as Brent crude increased to $95.41 per barrel on Wednesday. DAILY POST reports that Brent and West Texas Intermediate, WTI crude rose on Wednesday to $95.41 and $90.79 per barrel, respectively, as of the time of filing this report. The d

By Dickson Omobola Former National Chairman of the African Democratic Congress, ADC, Ralph Nwosu, Wednesday, insisted that President Bola Tinubu was wrong to remove the fuel subsidy, saying the party’s presidential candidate, Alhaji Atiku Abubakar, had shown boldness by declaring that he would reintroduce the policy. N

The Independent Petroleum Marketers Association of Nigeria, IPMAN and the Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, have revealed the reasons for the latest fuel price hike in Nigeria. The national presidents of IPMAN and PETROAN, Abubakar Maigandi and Billy Gillis-Harry, respectively, b

The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN and the Independent Petroleum Marketers Association of Nigeria, IPMAN, have urged the Federal Government to clamp down on anti-competitive petrol pricing to reduce fuel prices nationwide. The National President of PETROAN, Billy Gillis-Harry,

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has appealed to the Federal Government to intervene in the operations of Dangote Refinery to help reduce retail fuel prices. The National President of IPMAN, Abubakar Maigandi, made the appeal in an interview with DAILY POST on Tuesday. His appeal comes

The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN and the Independent Petroleum Marketers Association of Nigeria, IPMAN have suggested how the pump price of Premium Motor Spirit, PMS can be reduced as prices race towards N1,400 per litre. The national presidents of PETROAN and IPMAN, Billy Gi

By Udeme Akpan, Energy Editor Nigerians may soon pay more for Premium Motor Spirit (PMS), also known as petrol, as depot prices across major petroleum hubs have climbed sharply to as high as N1,290 per litre, amid a renewed surge in international crude oil prices. The development threatens to worsen the financial burde

Global crude oil prices have increased significantly in the last 24 hours after the United States launched fresh airstrikes against Iran. A crude oil price survey showed that Brent and West Texas Intermediate (WTI) crude blends rose sharply to $95.49 and $90.71 per barrel, respectively, at the time of this report. This

Former Vice President Atiku Abubakar has taken a swipe at President Bola Tinubu over the administration’s handling of fuel prices and the broader cost-of-living crisis, accusing the government of allowing Nigerians to endure prolonged economic hardship while only beginning to promise relief as the 2027 election approac

Organised Labour through the Joint National Public Service Negotiating Council (JNPSNC) has threatened a showdown with the Federal Government over the failure to implement an approved occupational hazard allowance for agricultural professionals in the public service, nearly two years after approval. The council, in a f

NLC warns of fresh