From Juliana Taiwo-Obalonye, AbujaOgun State Governor Dapo Abiodun, on Tuesday, declared that the foreign exchange subsidy posed a more severe threat to Nigeria’s economy than the petrol subsidy ...

One of the most profound points made was that the biggest subsidy was actually forex, not fuel,” Abiodun said, recalling remarks by the Central Bank of ...

Nigeria has long subsidized fuel for its citizens. The cost of the subsidy is high, and economists and the international financial institutions have argued for many years that it significantly ...

Nigerian lawmakers want electricity subsidies removed after petrol reform, saying it will boost revenue, cut trillions in ...

Political commentator Mahdi Shehu has accused the Federal Government of using the removal of the fuel subsidy to protect ...

Moghalu believes Nigeria economy will be revived if government does away with fuel subsidy. Moghalu in a series of tweets on Monday, May 1, 2023, said Nigerians need to be educated on the ...

Public Affairs commentator, Mahdi Shehu has accused the Federal Government of using the removal of fuel subsidy to protect ...

The NNPCL claims that the amount spent on fuel subsidy payment could provide 7,500km of road network at ₦‎400 million per kilometre and 37 well-equipped 120 Beds Tertiary Health Centres at ₦‎32 ...

"Subsidy removal did not curb corruption, it nurtured and protected it," Shehu asserted.He further noted that, despite the removal of the subsidy, the country continues to rely heavily on borrowing.