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Fuel subsidies

Nigerian Govt Pays About N600bn Monthly For Fuel Subsidy – Rainoil CEO

Gabriel Ogbechie, CEO of Rainoil Limited, revealed that the federal government has reinstated fuel subsidy, and pays about N600 billion monthly due to the devaluation of the Naira in the foreign exchange market. Speaking at the Stanbic IBTC Energy and Infrastructure Breakfast

April 16, 2024

Africa·News·World News

Subsidies: Egypt Allocates $2.6bn For Bread, $3.1bn For Petroleum In 2024/2025 Budget

Egypt’s Finance Minister, Mohamed Mait, announced an allocation of $2.66 billion for bread subsidies and $3.13 billion for petroleum products subsidies in the country’s upcoming 2024/2025 Budget. “Bread and fuel are essential for our citizens. We are committed to ensuring their accessibility

March 19, 2024

How Strong Competitive Market Will Stabilise Fuel Price In Nigeria

Finance & Economy·News

IMF frowns at return of fuel subsidies in Nigeria

The International Monetary Fund (IMF) has informed the federal government that the reintroduction of fuel subsidies was concerning. IMF expressed this view at a virtual meeting with representatives of the Nigerian government. In a press statement made available to the media after

June 18, 2021

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Fuel subsidies

Nigerian Govt Pays About N600bn Monthly For Fuel Subsidy – Rainoil CEO

Subsidies: Egypt Allocates $2.6bn For Bread, $3.1bn For Petroleum In 2024/2025 Budget

IMF frowns at return of fuel subsidies in Nigeria

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