Tag: subsidy removal

The Nigerian presidency has announced a remarkable annual savings of $7.5 billion following the removal of the longstanding fuel subsidy. ...

President Bola Tinubu delivered a keynote address at the World Economic Forum (WEF) in Riyadh, Saudi Arabia, on Sunday, highlighting ...

In the wake of the subsidy removal on Premium Motor Spirit (PMS), commonly known as petrol, the statutory revenue allocations ...

The landing cost of imported petrol has skyrocketed to over N1,000 per litre as Nigeria's foreign exchange crisis worsens, according ...

In a significant fiscal development, the Federal Government of Nigeria has successfully saved approximately N1.45 trillion from the removal of ...

In a recent report, the National Bureau of Statistics (NBS) disclosed that food inflation in Nigeria surged to 30.64 percent ...

The first half of 2023 witnessed a significant surge in the inventory of unsold finished products in Nigeria's manufacturing sector, ...

The Federal Government of Nigeria's budget performance in the first half of the year has fallen below expectations, underscoring the ...

The National Emergency Management Agency (NEMA) has begun the necessary preparations for the distribution of 180 trucks of rice to ...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the country's daily petrol consumption figure now stands ...