Analysis: Oil and gas stocks post massive returns after fuel subsidy removal
In the context of the effect on specific sectors, the oil and gas sector still recorded growth amidst the impact ...
Tag: Fuel subsidy removal
Fuel subsidy removal and naira devaluation will fan inflationary flames through h2/2023 – FocusEconomics
Analysts at FocusEconomics have said that the fuel subsidy removal fallout and the devaluation of the naira will fan inflationary ...
BIG READ: Low patronage sparks fear of job losses for petrol stations
The price of petrol skyrocketed from N187 to N500 per litre, and then to N617 and many motorists could no ...
Fuel subsidy removal has made solar more competitive leading to increased demand – Chuks Umezulora
In a recent interview conducted by Nairametrics, Mr Chuks Umezulora, the co-founder and Chief Operating Officer of Auxano Solar, shed ...
Fuel subsidy removal, new FX framework will support foreign investments in Nigeria – FocusEconomics Analysts
Analysts predict that eliminating fuel subsidies and implementing a new FX framework will encourage foreign investments in the country.
World Bank says Nigeria could save N3.9 trillion in 2023 from fuel subsidy removal, others
The World Bank has said that Nigeria is projected to save up to $5.1 billion (N3.9 trillion) in 2023 alone ...
Fuel Subsidy: NLC proposes wage award to deal with the effects of removal
The Nigeria Labour Congress (NLC) has put forward a wage award proposal to the Federal Government in an effort to ...
Fuel subsidy: Inflation, rationing and increased crime, short-term effects of removal – Deloitte
Global audit, consulting, and financial advisory firm Deloitte revealed that while the immediate impact of removing fuel subsidies in Nigeria ...
Tinubu admits fuel subsidy removal will impose “extra burden” on Nigerians
Nigeria’s President Bola Tinubu acknowledged the hardships of the fuel subsidy removal on the lives of Nigerians on Monday.
Insights: Why fuel subsidy removal may push Nigeria’s inflation rate to 30% in June 2023
KPMG Nigeria has said that the fuel subsidy removal may likely push Nigeria’s inflation rate to about 30% for June ...
