Tuesday, May 17, 2022
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Tag "Fuel subsidy"

JP Morgan removes Nigeria from emerging market list over fiscal woes

    JP Morgan removes Nigeria from emerging market list over fiscal woes

JP Morgan, American investment bank, says it has delisted Nigeria from the list of emerging market sovereign recommendations that investors should be ‘overweight’ in. The development comes from the country’s

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World Bank: Rising petrol subsidy could pose debt sustainability concerns for Nigeria 

    World Bank: Rising petrol subsidy could pose debt sustainability concerns for Nigeria 

The World Bank says Nigeria’s increasing fuel subsidy could pose debt sustainability concerns for the country.  The bank disclosed this in its latest ‘Africa’s Pulse’ report, a biannual analysis of

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Air ticket, rice, diesel, pay TV, pure water — how inflation is hurting Nigerians on all sides

    Air ticket, rice, diesel, pay TV, pure water — how inflation is hurting Nigerians on all sides

Since the pandemic broke out in 2020, Nigerians have been reeling from one hardship to the other: from lockdown and its economic effects to the EndSARS protest to a full-blown

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Akabueze: Nigeria’s revenue trajectory is positive without oil 

    Akabueze: Nigeria’s revenue trajectory is positive without oil 

Ben Akabueze, director-general, budget office of the federation, says Nigeria is deliberately diversifying in 2022, as oil revenue failed to meet its projected target in 2021. Akabueze said this during

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Sylva: Nigeria’s daily petrol consumption figures are crazy… we need to end subsidy

  Sylva: Nigeria’s daily petrol consumption figures are crazy… we need to end subsidy

Timipre Sylva, the minister of petroleum resources, says Nigeria needs to move away from the petrol subsidy regime to end

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NLC to FG: Fix our refineries so petrol will be cheaper

  NLC to FG: Fix our refineries so petrol will be cheaper

The Nigeria Labour Congress (NLC) says the federal government should focus on making refineries work. Joe Ajaero, deputy president, NLC,

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Petrol subsidy removal: TUC directs state councils, affiliates to mobilise for strike

  Petrol subsidy removal: TUC directs state councils, affiliates to mobilise for strike

The Trade Union Congress (TUC) has directed its state chapters to commence mobilisation for industrial actions against petrol subsidy removal.  The union

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Subsidy Removal: Why is Buhari throwing Zainab Ahmed, Osinbajo under the bus?

  Subsidy Removal: Why is Buhari throwing Zainab Ahmed, Osinbajo under the bus?

In 2011, President Muhammadu Buhari told us that he did not understand what petrol subsidy was, and we did not

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Don’t increase fuel prices, it is a deadly trap for Nigeria (2)

The argument that government will deploy the savings from the removal of ‘subsidies’ to improve health, transportation, and other areas

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Restarting the fuel subsidy war

  Restarting the fuel subsidy war

Mrs Zainab Ahmed, minister of finance, budget and national planning, dropped a familiar bombshell at the launch of World Bank

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