President Bola Tinubu has approved the request of the Nigerian National Petroleum Company Limited (NNPCL) to use the 2023 dividends due to the federation to…

Although Tinubu announced the removal of fuel subsidy during his inaugural address on May 29, 2023, there have been strong indications that government still spends billions on subsidy.

However, the Federal Government has consistently denied paying subsidy.

Weeks ago when some Nigerians hit the streets to protest nationwide hardship, one of their demands was the reinstatement of subsidy.

But in his national broadcast, Tinubu ruled out return of subsidy, describing the decision to remove fuel subsidy as painful but necessary.