Subsidy

Federal Government says savings from petrol and foreign exchange subsidy reforms have been channelled into debt servicing, wage increases, student loans, and other critical national obligations. Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, pledges...

May 30 (THEWILL) — President Bola Tinubu has insisted that Nigeria would have slipped into bankruptcy if his administration had failed to remove fuel subsidy, maintaining that the policy decision prevented fiscal collapse and set the economy on a...