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IMF, World Bank Will Abandon You When Their Economic Policies Fail In Nigeria, NLC Tells Tinubu

The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has condemned the economic policies of the International Monetary Fund (IMF) and the World...

IMF denies influencing Nigeria’s fuel subsidy removal, currency floatation

The International Monetary Fund (IMF) has denied influencing the Nigerian government into removing the contentious fuel subsidy and floating the naira.The Bretton Wood institution...

More Cash, Less Value: Forex Depreciation Cuts Value Of FAAC Allocation To FG, States, LG By 33%

The three tiers of government are not benefiting from the rise in monthly Federation Accounts Allocation Committee (FAAC) revenue as the real value of...

Fuel Subsidy Removal One Of Tinubu’s Best Decisions — NANS

President Bola Ahmed Tinubu’s decision to remove subsidy on petrol has been hailed as one of his administration’s most commendable actions to date.The subsidy...

Atiku slams Tinubu for publicly halting fuel subsidy but making secret payments on it

Former Vice President and presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has lambasted the President Bola Ahmed Tinubu-led administration over what...

Fuel subsidy removal necessary to reset Nigeria’s economy, Tinubu says at World Economic Forum

President Bola Tinubu has disclosed that the removal of petroleum subsidy was necessary to ensure the reset of Nigeria’s economy.The president maintained that the...

Fuel Subsidy Removal Cuts Petrol Importation By 50%–FG

The Minister of Information and National Orientation, Mohammed Idris, has disclosed on Wednesday that Nigeria experienced a 50 per cent reduction in petrol importation...

Nigerian govt says petrol import crashed by 990m litres monthly following subsidy removal

Minister of Information and National Orientation, Mohammed Idris, has lauded the removal of petrol subsidy by President Bola Tinubu, saying the singular act has...

Tinubu’s Economic Reforms Not Working, Analysts Claim

President Bola Tinubu’s fuel subsidy removal and floating of the naira in the parallel market have failed to achieve the targeted goals.Dr Ephraim Okenwa,...

Nigerian govt to launch conditional cash transfer to 15m homes October 17

The Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, said on Sunday the Federal Government would launch the conditional cash transfer to 15...

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