Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Fuel subsidy would cost Nigeria over N20trn yearly — Minister

The Federal Government has rejected calls for the return of petrol subsidy, warning that restoring petrol to its pre-reform price would cost more than N20 trillion annually and could eventually push the exchange rate towards N3,000 to a dollar and petrol prices to at least N2,000 per litre. The post Fuel subsidy would cost Nigeria over N20trn yearly — Minister appeared first on Premium Times…

Fuel subsidy would cost Nigeria over N20trn yearly — Minister

We haven't written up this one. Premium Times has the full story — the link below goes straight to it.

Read the original at premiumtimesng.com →

More in Finance & Markets

More from Thursday 8 October →