Nigeria approves ₦3tn for fuel subsidy payment in 2022
By Reuters
28 January 2022 |
6:31 am
Nigeria has approved 3 trillion naira for the payment of petrol subsidy for this year. This follows the extension of subsidy payment and implementation of the Petroleum Industry Act by 18 months.
In this article
Related
2 Mar
Bola Ahmed Tinubu has come out victorious in the Nigeria's highly disputed presidential election. Who is this veteran politician and why is he widely regarded as a kingmaker and "godfather"?
2 Mar
Nigeria’s Obi to challenge election result in court.
2 Mar
Bola Tinubu has the difficult task of uniting the West African nation, as the results of the election highlight how sharply divided citizens are along religious and ethnic lines.
3 Mar
Analysts say the acute shortage of naira notes caused by the currency redesign policy that has crippled Nigeria in the run up to Saturday’s election may have reduced vote buying by political parties.
4 Mar
Thirteen-year-old Joshua Agboola is a normal teenage boy in many ways. But he's also a tech genius who runs a YouTube channel, a website and several apps. He has a real passion for helping children fall in love with computers and tech.
6 Mar
Bola Ahmed Tinubu, winner of Nigeria's presidential election, will have to face countless issues in Nigeria. On the list: the economy, insecurity and a young, hopeless generation leaving the country. But how will he manage?
5 Mar
The country's top court ordered the government to extend a deadline for citizens to swap old bills for new ones. A judge said the president had behaved like a "dictator" in his rush to carry out the banknote redesign.
5 Mar
An explosion on a Nigerian oil pipeline owned by Shell killed at least 12 people on Friday (March 3), authorities at the scene said, while members of the affected community in Emohua said they feared many more had died in the blast.
7 Mar
There seems to be no respite in the rising cost of airfares for domestic air passengers as airlines say aviation fuel remains at an average of around 800 naira per litre coupled with forex scarcity issues among other operational costs.
7 Mar
Bola Ahmed Tinubu, winner of Nigeria's presidential election, will have to face countless issues in Nigeria. On the list: the economy, insecurity and a young, hopeless generation leaving the country. But how will he manage?
10 Mar
Six people were killed and dozens injured when a train crashed into a passenger bus in Lagos, Nigeria on Thursday, said the emergency response agency.
Latest
17 mins ago
2022 was the most devastating year ever for wildfires in France. The Bordeaux region in the country’s south west was especially hard hit. This as the climate emergency seen globally is increasingly making its presence felt in temperate zones. So, how is France now preparing for the summer ahead? Have lessons been learned from last year?
17 mins ago
In a statement on their Instagram page, the Miss Gay Mato Grosso pageant said the man was the runner-up's partner, and added that ''appropriate legal measures'' would be taken for his actions.
1 hour ago
Experts have called for urgent action to prepare vulnerable communities and protect them from the scorching heat's disastrous impacts.
1 hour ago
On May 30, 2023, a collective of artists, art historians, writers, and academics will convene at the Musée Quai Branly in Paris to mark the tenth anniversary of "Black Portraitures: Imagining the Black Body in the West". This conference delves into the positioning of Africa and the African diaspora, as well as their depiction in Western art.
2 hours ago
Located in France's eastern Lorraine region, Amnéville Zoo is home to some 2,000 animals. These include 40 species that are considered endangered: from Siberian tigers to white rhinos, gorillas and small squirrel monkeys. Behind the scenes, some 150 zoo employees work tirelessly around the clock, taking care of the animals. Preserving endangered species and making visitors aware of the threats to wildlife are also a key part of their daily tasks.