From fuel dependency to energy independence: The EV opportunity for Nigeria
Nigeria stands at a pivotal crossroads, not just economically, but ideologically. The removal of fuel subsidies in 2023 caused significant ...
Tag: Fuel subsidy removal
Peter Obi criticizes Tinubu’s fuel subsidy removal and FX policy in 2023, offers better approach
Labour Party presidential candidate in the 2023 elections, Peter Obi, has reiterated his stance on fuel subsidy removal and the ...
Tinubu’s subsidy removal policy saved over 19 states from bankruptcy – Presidency
The Presidency has credited President Bola Ahmed Tinubu’s subsidy removal policy with rescuing more than 19 states from the brink ...
Nigeria heading for economic recovery despite current hardship – Bagudu
Nigeria's Federal Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, has assured that the country is on course ...
Fuel subsidy removal saves Nigeria $7.5 billion annually – Presidency
The presidency has revealed that an impressive $7.5 billion is being saved annually from funds previously allocated to fuel subsidy ...
Management of the Nigerian economy: Staying the course but pausing to reflect
The Nigerian Government has taken several policy decisions in the last 18 months, mainly fuel subsidy removal and floating/unification of ...
Floating of Naira caused hardship for Nigerians, not subsidy removal – Expert
A financial expert, Dr. Olutayo Obadina, has said that the government’s floating of the Naira is the cause of the current ...
Ogun State to launch Electric Bike Initiative with battery swap stations in Abeokuta
The Ogun State Government is set to launch its Electric Bike Initiative on Wednesday, featuring three battery swap stations in ...
COVID-19, currency redesign, fuel subsidy removal are key drivers of food inflation in Nigeria – Ibrahim Maigari
Ibrahim Maigari, Chief Executive Officer of Rice Afrika, has attributed the current food inflation in Nigeria to a series of ...
Nigeria spends N3.5 trillion on fuel importation since subsidy removal
Data from the National Bureau of Statistics reveals that Nigeria spent a staggering N3.5 trillion on fuel imports in the ...
