Subsidy removal

  • President Bola Tinubu has said he is focused on creating a Nigeria that works for everyone. Tinubu who is currently in Lagos for the Christmas and New Year festives gave the assurance when he paid a visit to Lagos Island on Friday. He assured that his administration is people-centric. He wrote in a statement shared…

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  • President Bola Tinubu has justified the removal of fuel subsidy by his administration and labelled it a “necessary” move to secure the country’s future.  Tinubu declared an end to the subsidy regime during his swearing-in ceremony in May 2023, leading to a hike in the cost of the essential commodity. There were protests and condemnation of the…

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  • •Does not believe in price controls •Has no regrets removing subsidy •Says borrowing not a crime •Tax reforms have come to stay, but open to negotiations on VAT •Expresses confidence in his security architecture •Insists reforms not designed to inflict pains on Nigerians, necessary for growth •Says he has met obligations without recourse to NNPCL…

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  • President Bola Tinubu has approved the N35,000 wage award for civil servants to cushion the effects of fuel subsidy removal. This was disclosed in a memo issued by the Chairman and Chief Executive Officer of the National Salaries, Incomes and Wages Commission, Ekpo U. O. Nta. The memo said all Federal Civil Servants are beneficiaries…

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  • The Kaduna state government has reviewed the school fees of indigenes in higher institutions in the State. Addressing newsmen in Kaduna on Monday on “Review of current fees regime in Kaduna State tertiary institutions”, Governor Uba Sani said, “the extant fees regime in the State-owned tertiary institutions is burdensome and has led to a significant…

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