Political analysis, national security dispatches, and court proceedings from across Nigeria.
Oil & GasThe Presidency has dismissed Atiku Abubakar’s proposed production subsidy on petrol as “economic illiteracy,” insisting that Nigeria’s limited supply of freely available crude oil makes the plan impractical and could expose public finances to the abuses associated with the former subsidy system. Sunday Dare, Special Adviser to President Bola Tinubu on Media and Public Communications, […]
Oil & GasSDP presidential candidate Adewole Adebayo has ridiculed the Federal Government’s 30-day petrol discount, branding it “Tinubu’s house of commotion” while questioning how the policy will work and whether it has any legal backing. Adebayo made the remarks during an appearance on Channels Television’s Politics Today, following the government’s announcement of temporary petrol price relief. The […]
Oil & GasThe Presidency has ruled out a return to petrol subsidy, explaining that the Federal Government’s latest relief plan will instead see the Nigerian National Petroleum Company Limited (NNPC) forgo its retail profit margin to cushion consumers against rising fuel costs. The arrangement, approved by President Bola Tinubu, forms part of a series of measures announced […]