By Gharny Yeku The last few months have proved Nigeria’s economy is more of Dollar than Naira economy. The dollar exchange rates unification and fuel subsidy...
Nigeria’s new President, Bola Tinubu says the era of subsidy payment on fuel has ended. He said the 2023 Budget made no provision for fuel subsidy...
Ahead of planned fuel subsidy removal by June 2023, the World Bank has granted the Nigerian government $800 million to put up a comprehensive palliative scheme...
Umar Suleiman A former governor of the Central Bank of Nigeria and vice chairman, Kaduna Investment Promotion Agency, Lamido Sanusi, has said the claim by the...
Ex-Governor of the Central Bank of Nigeria and vice chairman, Kaduna Investment Promotion Agency, Lamido Sanusi, has expressed his compassion for the next president that will...
The N3.92 trillion spent as subsidy on Premium Motor Spirit, popularly called petrol, from January 2020 to June 2022 is higher than the cumulative individual federal...
Faults Nigeria’s N6.7 trillion fuel subsidy The World Bank has committed $8.5 billion to Nigeria to fund critical issues ranging from agriculture to education. Disclosing...
The National Bureau of Statistics (NBS) has disclosed that Nigeria spent N1.51 trillion on the imports of premium motor spirit, also known as petrol, in the...
The rising cost of crude oil will increase the cost of Nigeria’s gasoline subsidy by nearly ten times what it had originally budgeted, Nigeria’s President Muhammadu...
The Minister of Finance, Budget and Economic Planning, Hajia Zainab Ahmed, said in Abuja on Monday that the Federal Government had postponed the planned removal of...