…Backs forex unification policy …Adopt multidimensional approach to end FX crisis — NECA By Ibiyemi Mathew Following the impact of the removal of fuel subsidy, the World Bank has predicted an increase in the level of poverty in Nigeria. In…
By Ibiyemi Mathew The Chartered Institute of Bankers of Nigeria (CIBN) and KPMG Nigeria have enumerated the benefits of the removal of fuel subsidy. Recall that President Bola Ahmed Tinubu announced the end of the petrol regime in his inaugural…
The Head of Research,KPMG & Chief Economist, Dr. Yemi Kale has said that Nigeria may have reached or will soon reach a stage where payment of petrol subsidy might be unaffordable. The former Statistician-General, Nigerian Bureau of Statistics (NBS) made…
Governor Nasir El-Rufai of Kaduna State has urged the Federal Government to immediately remove the subsidy on petrol. El-Rufai spoke at the “State-of-the-State” session at the on-going NESG, yesterday in Abuja. When asked during the session that what should be…
By Uthman Salami An oil Marketing firm, A-Z Petroleum Products Ltd claimed that the Federal Ministry of Finance has handicapped its operation on sales of Premium Motor Spirit (PMS) otherwise known as Petrol over unpaid N30 billion subsidy claims, having…
By Akintunde Jacobs, Akure The Nigeria Labour Congress (NLC), has declared that the lasting solution to the crisis associated with petrol subsidy removal could only be resolved through construction of new refineries in the country. Comrade Akpausoh Akpausoh, National General…
Financial experts have kicked against the proposed N900 billion for petrol subsidy in 2022 and backed the Federal Government on its total removal. They disclosed this in separate interviews with newsmen on Friday in Lagos, while reacting to the proposed…
By Ayo Fadimu The governors of the 36 states in Nigeria, under the umbrella of the Nigeria Governors’ Forum (NGF) will meet on Wednesday to discuss issues related to petrol subsidy and COVID-19 vaccines. The governors made the disclosure in…
