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Tag "Subsidy"

Rising unemployment and inflation: The fallout of Nigeria’s subsidy removal

    Rising unemployment and inflation: The fallout of Nigeria’s subsidy removal

BY OMOJO WADA Consider the wonderful purpose of subsidies, a kind gesture that allows individuals and businesses access to petrol, an essential treasure, despite limited resources. However, in this tale,

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Sanwo-Olu to NLC: Don’t go on strike over petrol subsidy… Tinubu means well for Nigeria

    Sanwo-Olu to NLC: Don’t go on strike over petrol subsidy… Tinubu means well for Nigeria

Babajide Sanwo-Olu, governor of Lagos state, has asked the Nigeria Labour Congress (NLC) not to go on strike over petrol subsidy removal. During his inauguration speech on May 29, President

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Lifestyle adjustments that will help you cope with petrol subsidy removal

    Lifestyle adjustments that will help you cope with petrol subsidy removal

While delivering his inaugural address on Monday, President Bola Tinubu said the “petrol subsidy is gone” because the immediate administration did not make provision for such in the 2023 appropriation.

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Pay rise: Civil servants laud FG on payment of 40% ‘peculiar allowance’

    Pay rise: Civil servants laud FG on payment of 40% ‘peculiar allowance’

Some civil servants in the federal capital territory (FCT) have commended the federal government over the payment of the 40 percent “peculiar allowance”. TheCable understands that the payment was included

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Tinubu: I’ll select technocrats in first 100 days in office, run private sector-driven economy

  Tinubu: I’ll select technocrats in first 100 days in office, run private sector-driven economy

Bola Tinubu, standard bearer of the All Progressives Congress (APC), says there’s nothing bad in the country having a budget

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eNaira USSD code, Nigeria’s energy transition plan… 7 top business stories track this week

  eNaira USSD code, Nigeria’s energy transition plan… 7 top business stories track this week

Here are the seven top business news you need to track this week — August 22 to August 26 NIGERIA’S

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NECA: FG should reduce wastage in governance, widen tax net to revive economy

  NECA: FG should reduce wastage in governance, widen tax net to revive economy

The Nigeria Employers’ Consultative Association (NECA) says there is a need for the federal government to adopt a holistic approach

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Sylva: Petrol scarcity is caused by marketers… NNPC has good supply

  Sylva: Petrol scarcity is caused by marketers… NNPC has good supply

Timipre Sylva, minister of state for petroleum resources, says the current petrol scarcity is not a supply problem but caused

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Understanding the IMF, America’s global economic enforcer (1)

  Understanding the IMF, America’s global economic enforcer (1)

Next year, as ordered by the International Monetary Fund (IMF), Nigerians will be paying N340 (which could rise up to

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