BY CHIAMAKA ADINNU On May 29, 2023, Nigerian President Bola Tinubu announced, in his inaugural speech, the removal of the decade-long subsidy on petroleum products. The new president cited deficit
Tag "petrol subsidy"
It was John Maynard Keynes, the British economist who, in his 1923 publication, ‘A Tract on Monetary Reform’, famously said: “But this long run is a misleading guide to current
President Bola Ahmed Tinubu has been receiving accolades for his initial, somewhat radical policy steps since he was inaugurated on May 29. Many economists, foreign media and, surprisingly, some Nigerian
Ademola Adeleke, governor of Osun, says plans are underway to provide palliatives for residents to cushion the effect of petrol subsidy removal. In a statement issued on Friday by Olawale
President Bola Tinubu says he will not partake in the economic destruction of the country by retaining the petrol subsidy.
Philip Agbese, a house of representatives member, says the federal government must provide relief packages for Nigerians to cushion the
The World Bank says Nigeria’s government will save a total of N11 trillion from the recent petrol subsidy removal policy.
Garba Shehu, ex-spokesperson of former President Muhammadu Buhari, says although the past administration did not remove petrol subsidy, it did
The Nigerian National Petroleum Company (NNPC) Limited says it paid N307.408 billion as petrol subsidy payment in May 2023. The
In this year’s Eid-al-Adha, popularly known as Sallah, Muslim faithfuls are not ecstatic about shopping for rams amid the prevailing
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