Tag: Fuel subsidy
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Fuel price hike: ‘Even the rich are crying’ – Singer, Yhemolee laments
Popular actor and singer, Idowu Adeyemi, aka Yhemolee, has bemoaned the recent hike in fuel price and worsening economic hardship in the country. BuzzFeed recalls that pump price of fuel on Tuesday skyrocketed to N612 per litre. Reacting in a video message shared via his Instagram page on Friday, Yhemolee said even the rich were…
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Fuel subsidy: Automobile transportation now luxury in Lagos – Rhodes-Vivour
Governorship candidate of the Labour Party, LP in Lagos state, Gbadebo Rhodes-Vivour said automobile transportation has now become a luxury in Lagos stated as a result of the hike in fuel price occasioned by the removal of fuel subsidy. Rhodes-Vivour made this claim in a statement via his verified Twitter handle on Saturday. He stated,…
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Fuel hike: Pro-Tinubu protesters storm National Assembly
Protesters in support of the fuel removal on Thursday cause a bit of disruption at the National Assembly’s main entrance popularly known as Mopol gate. The protesters noted that they decided to hit the street to show solidarity with the President, Bola Tinubu, over the removal of fuel subsidy. According to the protesters, the president…
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Marketers adjust pumps as fuel price hits N617/litre
The pump price of Premium Motor Spirit, popularly called petrol, was raised from N537/litre to N617/litre at some filling stations operated by the Nigerian National Petroleum Company Limited in Abuja on Tuesday. Independent oil marketers confirmed the increase in the cost of the commodity, as they stated that any shift in price by NNPCL stations…
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Fuel subsidy removal: FG saves N400bn in four weeks – Operators
Operators within the downstream oil and gas sector have said the federal government has raked in N400 billion due to fuel subsidy removal in the last 30 days On Friday, Chinedu Okonkwo, National President of the Independent Petroleum Marketers Association of Nigeria, disclosed this in an interview with DAILY POST. Recall that in a meeting…