President Bola Tinubu's first year was marked by bold economic reforms, including fuel subsidy removal and currency devaluation, leading to spiraling inflation of 33.7%, a petrol price increase of 176% to N701 per liter, and hardship for Nigerians amid declining oil production and foreign...
In a surprising turn of events, Nigeria's petrol subsidy has made a comeback, reaching an alarming N907.5 billion per month, surpassing the pre-Tinubu era.
BusinessDay's analysis attributes this surge to the country's foreign exchange crisis, pushing the actual cost of a litre of fuel to...
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