Nigeria has saved an estimated $20 billion following the removal of petrol subsidies and the adoption of market-based foreign exchange pricing, according to Wale Edun, the…
Browsing: Fuel Subsidy Removal
According to Cheta Nwanze, a researcher, data analyst, and partner at SBM Intelligence, the removal of fuel subsidies was the right and necessary decision, but the…
The Governor of Borno State, Northeast Nigeria, Babagana Umara Zulum on Monday, unveiled seventy buses for public transportation and ease of movement for civil servants in…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that oil marketers have initiated the importation of Premium Motor Spirit (petrol). This significant development…
The National Economic Council has announced that petrol subsidy will not be removed as earlier planned for June 2023. This decision was made known by the…
https://www.youtube.com/embed/Mj_3h5OHKcE In its recently concluded Article IV Consultation, the International Monetary Fund announced its outlook for Africa’s biggest economy, Nigeria. The issue of the country’s debt…
The International Monetary Fund has recommended that Nigeria embarks on an upward review of its Value Added Tax as well as to permanently end its fuel…
Auditor-General of Kenya, Nancy Gathungu has revealed that some undisclosed private firm and State agencies will benefit from the Treasury’s diversion of Sh2.074 billion from the…