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thenews-chronicle.com /2 weeks ago

Nigeria’s Fuel Subsidy Removal: Promised Relief, Rising Debt, and Unanswered Questions

The removal of fuel subsidy in Nigeria in 2023 was introduced as one of the most significant economic reforms in recent history. The Federal Government justified the policy as a ne...

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malaymail.com /1 month ago

Finance Ministry: Fuel subsidies maintained but BUDI95 quota reduced to 200 litres, as unsubsidised diesel breaches RM6...

PUTRAJAYA, April 1 – Amidst a prolonged global energy crisis that has driven crude oil prices up by more than 40 p...

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thisdaylive.com /1 day ago

Tinubu Justifies Fuel Subsidy Removal, Says It Saved Nigeria from Bankruptcy

• inaugurates TETFUND-Funded education projects, four MDGIRMF-supported CNG projects in major push for clean transport energy Deji Elumoye in Abuja President Bola Tinubu y...

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pmnewsnigeria.com /1 month ago

Subsidy removal not a Windfall – FG

The Director-General of the Budget Office of the Federation, Tanimu Yakubu, has dismissed claims that subsidy removal automatically generates surplus revenue for government spendin...

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pmnewsnigeria.com /1 day ago

Fuel subsidy removal saved Nigeria from bankruptcy, Tinubu declares

President Bola Tinubu on Friday defended his administration’s decision to remove fuel subsidy, declaring that the controversial policy rescued Nigeria from imminent bankruptcy and...

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punchng.com /3 weeks ago

How subsidy removal is reshaping infrastructure, state finances under Tinubu

Discover how fuel subsidy removal in Nigeria is boosting state finances and funding major infrastructure projects like roads and rail in the North-West. Read More: https://punchng...

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malaymail.com /2 weeks ago

Fuel subsidy mechanism must go beyond income tiers, account for living costs, says Akmal Nasrullah

KUALA LUMPUR, May 16 — The implementation of targeted fuel subsidies must take into account reasonable household l...

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thenews-chronicle.com /1 month ago

Why Subsidy Removal Is Not a Cash Windfall for Nigeria’s Economy- Tanimu Yakubu

Nigeria’s ongoing fiscal reforms are reshaping how government finances are understood, with officials pushing back against the idea that subsidy removal automatically creates exces...

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malaymail.com /3 weeks ago

Redirect fuel subsidies from T20 to B40 and M40, Umno Youth chief tells govt

KUALA LUMPUR, May 9 — The government is urged to implement targeted subsidies more comprehensively, including revi...

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paultan.org /1 month ago

Rechannel RON95 subsidies to diesel, proposes MIER

The Malaysian Institute of Economic Research (MIER) has proposed in a statement yesterday that RON 95 petrol subsidies be gradually reduced and the savings redirected to diesel sub...

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malaymail.com /1 month ago

DPM: Subsidy policies will be data-driven, no sudden shock changes expected

KUALA LUMPUR, April 21 — The government will not introduce abrupt or sudden changes to fuel subsidy policies despi...

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lindaikejisblog.com /1 day ago

Subsidy removal saved Nigeria from bankruptcy - Tinubu

President Bola Tinubu has said the removal of fuel subsidy at the start of his administration saved Nigeria from

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paultan.org /1 month ago

Subsidies cushioning the impact of fuel price hikes, but cost-related pressures will catch up – INSAP

While the Budi Madani RON 95 (Budi95) petrol subsidy is helping cushion consumers from the effects of rising fuel costs at the pump, it doesn’t address broader inflationary pressur...

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statehouse.gov.ng /23 hours ago

FUEL SUBSIDY REMOVAL SAVED NIGERIA FROM BANKRUPTCY, SAYS PRESIDENT TINUBU

President Bola Ahmed Tinubu on Friday said the removal of fuel subsidy by his administration saved the country from imminent bankruptcy and laid the foundation for the gradual reco...

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paultan.org /1 month ago

Fuel subsidies in Malaysia now RM6-7 billion a month, no sudden policy changes but will be data-driven: DPM

Malaysian deputy prime minister Datuk Seri Fadillah Yusof has told Bernama that the government is now spending RM6-7 billion a month to subsidise fuel – up from RM4 billion just la...

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paultan.org /1 month ago

Fuel subsidies for the rich unfair, those who can afford the full price should pay the market rate – Nik Nazmi

While the switch from a blanket petrol subsidy approach to a targeted one under the Budi Madani RON 95 (Budi95) scheme has reduced leakages and trimmed Malaysia’s expenditure on fu...

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malaymail.com /1 month ago

Fuel price adjustments carried out in controlled manner to safeguard public welfare, says DPM Fadillah

KUALA LUMPUR, April 2 — The adjustment to non-subsidised fuel prices is being done in a controlled manner to refle...

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malaymail.com /4 weeks ago

Fuel subsidies keep lid on transport costs, but Tengku Zafrul warns supply crunch will test households

KUALA LUMPUR, May 1 — The impact of the global supply crisis on the cost of living is expected to begin to be felt...

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thisdaylive.com /2 weeks ago

Tinubu: Fuel Subsidy Removal, Tax Reforms Painful Steps To Keep Nation’s Economy Afloat

.Promises to do more work in first two years if re-elected Deji Elumoye in Abuja President Bola Tinubu for the umpteenth time on Friday rose in defence of the removal

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vanguardngr.com /1 day ago

Fuel subsidy removal saved Nigeria from bankruptcy, Tinubu insists

President Bola Tinubu on Friday said the removal of fuel subsidy by his administration saved the country from imminent bankruptcy and laid the foundation for the gradual recovery o...

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paultan.org /2 days ago

RON95 subsidy adjustment is last resort: PMO adviser

Any adjustment of RON 95 petrol subsidies will be a last resort due to its direct impact on household spending, according to prime minister’s office senior economic and finance adv...

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newsinfo.inquirer.net /1 month ago

NCR fuel stations where PUV drivers may get P10/L fuel subsidy bared

MANILA, Philippines — The Marcos administration rolled out on Tuesday its P10 per liter diesel subsidy for public utility jeepneys and UV Express vans in Metro Manila, with 52 gas...

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malaymail.com /1 month ago

Diesel aid review underway to widen eligibility under BUDI95 as subsidy cost hits RM6b, says Finance Ministry official

SUNGAI PETANI, April 12 — The government is conducting a comprehensive study of proposals to expand the diesel sub...

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thenews-chronicle.com /1 day ago

Tinubu Explains How Subsidy Removal Saved Nigeria From Bankruptcy

President Bola Ahmed Tinubu on Friday said the removal of fuel subsidy by his administration saved the country from imminent bankruptcy and laid the foundation for the gradual reco...

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