Tuesday, September 1, 2026
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    Senate declares new subsidy regime illegal

    Petrol. PHOTO: GOOGLE.COM/SEARCHThe Senate yesterday described the introduction of the N26 subsidy on the pump price of Premium Motor Spirit (PMS) also known as petrol, as completely illegal and unwarranted.
    To this extent, the senate announced that it would begin an open investigation to expose the roles played by every official of government in the matter.
    Briefing journalists on the fuel crisis that has caused untold hardship on Nigerians, the Senate Committee on Petroleum (Downstream) said there was never a time that any request was brought to the National Assembly for approval in respect of the introduction of any subsidy.
    It stressed that the constitution is very categorical about the fact that no money could be spent without approval by the National Assembly.
    Chairman of the committee, Senator Kabiru Marafa, disclosed that the Minister of State for Petroleum, Dr.

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