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 ...
Tag: Fuel subsidy removal
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 ...
By 2025, Nigeria should have over N11 trillion fuel subsidy savings – World Bank
The World Bank has said that by 2025, Nigeria should have over N11 trillion saved from fuel subsidy removal.
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 ...
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 ...
