Friday, June 28, 2024

Tag: Fuel Subsidy

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IMF seeks more fuel subsidy cuts, says climate above consumer pain

The International Monetary Fund is pushing for more fuel subsidy cuts, arguing that while fuel prices would rise if governments removed subsidies, this would...

“Federal govt’s subsidy palliative to states N2.3 billion, not N5 billion”

The federal government is not providing N5 billion to states as aid following the removal of petrol subsidy as states are contributing to the...

Why Tinubu’s petrol price decision offers no relief to suffering Nigerians

President Bola Tinubu's promise to keep petrol prices unchanged means the government is re-imposing price controls in the market. However, this will do little...

Kenya reinstates fuel subsidy months after scrapping it

Kenya has reinstated fuel subsidy nearly a year after President William Ruto scrapped it on his first day in office. The government said it reintroduced...

Loans, buses, farms….A breakdown of Tinubu’s subsidy ‘palliatives’

President Bola Tinubu gave a televised speech to the nation Monday evening in an effort to address growing discontent over the hardship caused by...

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Kenya protesters win as Ruto withdraws tax bill after 22 killed

Kenyan President William Ruto announced on Wednesday that he...

U.S., UK, 11 other nations express shock over deadly Kenya protests

The United States, United Kingdom, Germany and 10 other...

PZ Cussons holds revenue outlook despite naira problems

British personal care company PZ Cussons says it remains...

Nigeria, Ivory Coast lead in sextortion globally, says new report

A new study has found financial sextortion schemes targeting...

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