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IMF Urges Nigeria to Phase Out Fuel and Electricity Subsidies

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Abuja, Nigeria, February 9, 2024: The International Monetary Fund (IMF) has advised the Nigerian government to completely eliminate costly fuel and electricity subsidies, stating...

Fuel subsidy now above N400bn monthly – NNPCL

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 The Nigerian National Petroleum Company Ltd. (NNPCL) has disclosed that the amount being spent as subsidy on Premium Motor Spirit (PMS), popularly called petrol,...
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