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
Tag "Fuel subsidy"
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
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
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
Timipre Sylva, the minister of petroleum resources, says Nigeria needs to move away from the petrol subsidy regime to end
The Nigeria Labour Congress (NLC) says the federal government should focus on making refineries work. Joe Ajaero, deputy president, NLC,
The Trade Union Congress (TUC) has directed its state chapters to commence mobilisation for industrial actions against petrol subsidy removal. The union
In 2011, President Muhammadu Buhari told us that he did not understand what petrol subsidy was, and we did not
The argument that government will deploy the savings from the removal of ‘subsidies’ to improve health, transportation, and other areas
Mrs Zainab Ahmed, minister of finance, budget and national planning, dropped a familiar bombshell at the launch of World Bank
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