Fuel Subsidy Archives - Afinju FM https://afinjufm.com/tag/fuel-subsidy/ Tue, 24 Dec 2024 08:49:50 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://afinjufm.com/wp-content/uploads/2025/11/cropped-Afinju_Logo-removebg-preview-32x32.png Fuel Subsidy Archives - Afinju FM https://afinjufm.com/tag/fuel-subsidy/ 32 32 233669348 No Regret Removing Petrol Subsidy – Tinubu https://afinjufm.com/no-regret-removing-petrol-subsidy-tinubu/?utm_source=rss&utm_medium=rss&utm_campaign=no-regret-removing-petrol-subsidy-tinubu https://afinjufm.com/no-regret-removing-petrol-subsidy-tinubu/#respond Tue, 24 Dec 2024 08:49:50 +0000 https://afinjufm.com/?p=7672 He said this in a chat with newmen  at his Bourdillon residence in the highbrow Ikoyi area of the state. Tinubu said that the removal of the petrol subsidy some 18 months ago increased competition within the sector and that the pump price of petrol gradually crashed. The All Progressives Congress, APC, chieftain also said […]

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]]> https://afinjufm.com/no-regret-removing-petrol-subsidy-tinubu/feed/ 0 7672 Subsidy removal now yielding positive results – Tinubu https://afinjufm.com/subsidy-removal-now-yielding-positive-results-tinubu/?utm_source=rss&utm_medium=rss&utm_campaign=subsidy-removal-now-yielding-positive-results-tinubu https://afinjufm.com/subsidy-removal-now-yielding-positive-results-tinubu/#respond Sun, 01 Dec 2024 16:30:45 +0000 https://afinjufm.com/?p=7187 President Bola Tiunbu has said that the removal of the oil subsidy by his administration was not to torment Nigerians but to save the country from total collapse. The president who announced the subsidy removal on the day of his inauguration on May 29, 2023, noted that the policy had been yielding positive results for […]

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]]> https://afinjufm.com/subsidy-removal-now-yielding-positive-results-tinubu/feed/ 0 7187 Intervene in MKO Abiola’s oil firm operations, son Abdulmumuni begs Tinubu https://afinjufm.com/intervene-in-mko-abiolas-oil-firm-operations-son-abdulmumuni-begs-tinubu/?utm_source=rss&utm_medium=rss&utm_campaign=intervene-in-mko-abiolas-oil-firm-operations-son-abdulmumuni-begs-tinubu https://afinjufm.com/intervene-in-mko-abiolas-oil-firm-operations-son-abdulmumuni-begs-tinubu/#respond Sun, 06 Oct 2024 08:11:38 +0000 https://afinjufm.com/?p=5856 He noted that while Tinubu was a friend of Abiola before his death, the squabble over the running of his father’s asset shouldn’t be witnessed while Tinubu is in office. Abdulmumuni had also accused Kola and his sister, Wura, of independently running the oil company, one of their father’s many enterprises, without the consent of […]

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]]> https://afinjufm.com/intervene-in-mko-abiolas-oil-firm-operations-son-abdulmumuni-begs-tinubu/feed/ 0 5856 Households reduce consumption expenditure over high cost of living https://afinjufm.com/households-reduce-consumption-expenditure-over-high-cost-of-living/?utm_source=rss&utm_medium=rss&utm_campaign=households-reduce-consumption-expenditure-over-high-cost-of-living https://afinjufm.com/households-reduce-consumption-expenditure-over-high-cost-of-living/#respond Tue, 18 Jun 2024 14:01:53 +0000 https://afinjufm.com/?p=3189 The report covering third quarter and fourth quarter 2023, indicated that Nigerian households reduced their consumption expenditure Year-on-Year (YoY)  to -13.7 percent during the period from -12.47 percent in Q4’22. The period covered by the report is approximately six months into the fuel subsidy removal and exchange rate floatation regime, the two policies that drove price instability […]

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