Tag: subsidy
Fuel subsidy debate: Between economic reform and political expediency
...President Bola Ahmed Tinubu set the tone for his administration's economic policy on May 29, 2023, when, immediately after taking the oath of office,...
Restoring revenue integrity, correcting price distortions, and rebuilding Nigeria’s fiscal capacity
...Subsidy removal does not create liquidity. It eliminates a distortion. It corrects a mispricing. It improves the trajectory of public finance.
...An artificially low exchange...
Petrol subsidy removal ”neccessary action for my country not to go...
SUN APRIL 28 2024-theGBJournal| President Bola Tinubu today at the World Economic Forum's (WEF) Special Meeting opening plenary in Riyadh, Saudi Arabia, spoke to...
Subsidy goes as Regulator hikes electricity tariffs to N225/KWh from N66
TUE APRIL 02 2024-theGBJournal| The Nigerian Electricity Regulatory Commission (NERC) Wednesday gave the green light to distribution companies to raise electricity tariff to N225/KWh,...
Petrol subsidy removal necessary for long-term energy security and economic prosperity...
...Tinubu admitted that the decision to remove the petroleum subsidy was a challenging one, but stressed that it was a step that must be...
N1.7 trillion approved for nine oil producing states between 1999 and...
SAT. 03 DEC, 2022-theGBJournal| Nine oil-producing states received a total of N625.43 billion 13 percent oil derivation, subsidy and SURE-P refunds from the Federation...
