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Nigeria To Save $5.1bn From Reforms This Year – World Bank

Nigeria To Save $5.1bn From Reforms This Year – World Bank

The World Bank on Tuesday said that Nigeria could save up to N3.9 trillion ($5.10 billion) this year alone if reforms adhere to its foreign exchange market and the removal of a petrol subsidy.

Subsidy: Obaseki Urges Investors To Focus On Renewable Energy Sources

Subsidy: Obaseki Urges Investors To Focus On Renewable Energy Sources

The Governor of Edo State, Godwin Obaseki, has urged investors to put money into alternative energy sources, such as natural gas, in order to tame the removal of fuel subsidy, which has increased the cost…

Benin Republic Cries Out Over Nigeria Fuel Subsidy Removal

Benin Republic Cries Out Over Nigeria Fuel Subsidy Removal

The removal of fuel subsidy in Nigeria is a matter of great conscience for Nigerians but it seems neighbouring countries are more highly affected. Sitting on top of a yellow jerry can of fuel, Jeannine…

Subsidy Has Not Been Removed But Reduced – Bismarck Rewane

Subsidy Has Not Been Removed But Reduced – Bismarck Rewane

Popular Nigerian economist and member o the Nigerian Economic Advisory Council, Bismarck Rewane has asserted that Nigeria is yet to remove the fuel subsidy. According to Rewane, the current government has only implemented a reduction…

Fuel Subsidy: Edo, Kwara Govts Reduce Working Days To 3 Days

Fuel Subsidy: Edo, Kwara Govts Reduce Working Days To 3 Days

Nigeria is currently struggling to control the rising cost of transportation, which is affecting the citizens and every other sector of the country due to the recent removal of fuel subsidy by the newly inaugurated…

Subsidy: Arewa Youths Applaud  Tinubu, Call For Northern Christians’ Appointment

Subsidy: Arewa Youths Applaud Tinubu, Call For Northern Christians’ Appointment

President Bola Tinubu has received accolades from a group of Arewa youths operating under the auspices of Northern Christian Youth Professionals for announcing the elimination of the fuel subsidy. The group also encouraged the new…

LCCI: Subsidy Removal Will Boost Investment, Address Mounting Debt

LCCI: Subsidy Removal Will Boost Investment, Address Mounting Debt

The Federal Government’s planned withdrawal of the petroleum subsidy is still one of the finest economic moves that can be made to lower Nigeria’s debt and address the pervasive corruption in the oil industry. The…

Stakeholders proffer strategies for effective deregulation

Stakeholders proffer strategies for effective deregulation

The pronouncements by the officials of the Feder- al Government of Nigeria on the imminence of the much talked about deregulation of the downstream sector or implementation of the withdrawal of subsidy on Premium Motor…