fuel subsidy in Nigeria

Tinubu’s Lingering Fuel Subsidy Argument: Some Ordinary Man’s Questions

At the World Economic Forum in Riyadh, Saudi Arabia, Sunday, Nigeria’s President, Bola Tinubu, argued that subsidy removal saved Nigeria from bankruptcy. Continued payment of subsidy by government would have impoverished the

MARCEL MBAMALU

3 weeks ago

Business·Latest News·Oil & Gas

How Fuel Subsidy Removal Saved Nigeria From Bankruptcy- Tinubu

President Bola Tinubu has defended his administration’s decision to discontinue fuel subsidy payments, stating that it was a necessary action to prevent Nigeria from going bankrupt. Speaking at the Special World Economic

Emmanuel Ochayi

3 weeks ago

The International Monetary Fund (IMF) sheds light on the concerning fiscal landscape faced by low-income countries, highlighting Nigeria's growing debt burden.

Business·Latest News

IMF Urges Nigeria To Diversify Economy, End Fuel Subsidies To Tackle Developmental Challenges

The International Monetary Fund (IMF) has emphasized the need for Nigeria to diversify its economy and phase out fuel subsidies to address developmental challenges. During the African Department April 2024 Press Briefing,

Emmanuel Ochayi

4 weeks ago

Business·Oil & Gas

Petrol Should Sell N750/litre In Nigeria But For ‘Partial Return’ Of Subsidy – World Bank

The World Bank has revealed that premium motor spirit, otherwise known as petrol, should be priced in Nigeria at N750 per litre at the pumps unless the government is paying some form

Victor Ezejaand

Admin

5 months ago

Business·Opinion

Was There Ever Fuel Subsidy In Nigeria?

The military regime of Olusegun Obasanjo in 1977 promulgated the Price Control Decree (later Act). The law makes it illegal for some products (including fuel) to sell beyond government’s set prices. Remarkably,

MARCEL MBAMALU

11 months ago

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Tinubu’s Lingering Fuel Subsidy Argument: Some Ordinary Man’s Questions

How Fuel Subsidy Removal Saved Nigeria From Bankruptcy- Tinubu

IMF Urges Nigeria To Diversify Economy, End Fuel Subsidies To Tackle Developmental Challenges

Petrol Should Sell N750/litre In Nigeria But For ‘Partial Return’ Of Subsidy – World Bank

Was There Ever Fuel Subsidy In Nigeria?

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