Subsidy

By IndepthAfrica
In Article
Oct 18th, 2013
0 Comments
18 Views
Abdullahi M. Seidu In Nigeria, it is customary for us to throw stones at government officials when they stray off course; and even when they get it right, we still find stones to throw, while we turn blind eyes to their good deeds. Perhaps this is due to the prevalent perception that most of the [&he...
By IndepthAfrica
In Article
Oct 8th, 2013
0 Comments
7 Views
By Abiola Akintunde Most Nigerians are now more than before used to elected officers not being grateful for the immeasurable honour they’ve done them by electing them as their representatives either at executive or legislative capacity to serve Nigeria; as a people and lifting the nation high, ...
By IndepthAfrica
In Nigeria
Sep 17th, 2013
0 Comments
11 Views
By Jaye Gaskia As we approached the 2011 general elections, and given the circumstances under which the preparations were made, and under which the elections were eventually held; corruption, treasury looting took a steep upward spike! Of course since crude oil is our major export and in the absence ...
By IndepthAfrica
In Article
Apr 4th, 2013
0 Comments
4 Views
The leadership of organised labour are at it again. After successfully pulling the wool over the faces of Nigerians, who sacrificed their convenience early last year to join the march to resist the federal government’s removal of fuel subsidy, only for them to go behind us and betray the collective t...
By IndepthAfrica
In Nigeria
Mar 28th, 2013
0 Comments
4 Views
The Presidency on Thursday said it had no plans to remove oil subsidy. Presidential spokesman, Dr Doyin Okupe, in a statement in Abuja, said despite President Goodluck Jonathan’s recent remark concerning subsidy, the administration, as a matter of policy, had no plans in that direction. Besides, Dr O...
By IndepthAfrica
In Nigeria
Jan 9th, 2013
0 Comments
3 Views
FEDERAL MINISTRY OF FINANCE News Release. January 8, 2013 SUBSIDY PAYMENTS: FINANCE MINISTRY RELEASES N161 BILLION TO CBN The Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala has refuted media reports which allege that the Federal Ministry of Finance is blocking v...
By IndepthAfrica
In Article
Dec 20th, 2012
1 Comment
5 Views
By Paul Omoruyi There is always the proclivity to criticize and see all the wrong things going on around us in Nigeria. This is not unique to Nigeria and Nigerians. It is the human factor. As developed and advanced as the United States socio-political systems, some Americans (at least Republicans) wi...
By IndepthAfrica
In Nigeria
Dec 12th, 2012
0 Comments
10 Views
PRESIDENT Goodluck Jonathan has requested for the approval of a N161.6 billion supplementary budget from the National Assembly to offset accumulated fuel subsidy arrears owed to oil marketers. In separate letters to the leaderships of the Senate and House of Representatives read in both chambers on T...
By IndepthAfrica
In Article
Dec 2nd, 2012
0 Comments
5 Views
As we approach the beginning of a new financial year, Nigerians are again witnessing conflicting signals from the government about whether or not the subsidy on petroleum products will be removed or reduced.  Firstly, the report of the Dr. Kalu-led National Refineries Special Task Force submitted to ...
By IndepthAfrica
In Nigeria
Nov 17th, 2012
2 Comments
8 Views
There were strong indications on Friday that the Federal Government would increase the fuel price in 2013. President Goodluck Jonathan had on Thursday in Abuja said total fuel subsidy removal was a must. He stated that only total removal of subsidy on petroleum products would attract investors to the...