The Minister of Finance, Wale Edun, has revealed that Nigeria spends a whopping $600m every month on fuel importation. This huge expense is due to neighboring...
The removal of fuel subsidies has led to a sharp increase in the price of petrol in Nigeria. This has made petrol-powered vehicles more...
The removal of fuel subsidies in Nigeria benefits Nigerians by optimizing resources, promoting market competition and promotes fiscal sustainability
He pointed out that the primary factor putting pressure on crude oil revenue has been the fuel subsidy, which has increased from N4...
The International Energy Agency (IEA) has suggested that fuel subsidies should be removed in order to Ensure Energy Security, particularly...