Just another News Updates
The Federal Government has has suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration. This was part of the decision of the National Economic Council, NEC, meeting on Thursday. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed disclosed this while briefing State House correspondents […]
The federal government will pay N5,000 to 10 million households for six months as palliative for removing petrol subsidy after June. Daily Trust reports that the amount is N50 billion per month and reaches N300bn with $800m (N371.6bn at CBN N464/$1 rate) World Bank loan to fund the project. The Minister of Finance, Budget, and […]
The federal government says it has secured the sum of $800 million from the World Bank, as part of its post-subsidy palliative plans. Zainab Ahmed, minister of finance, budget and national planning, disclosed this to state house journalists, after the federal executive council (FEC) meeting presided over by President Muhammadu Buhari, on Wednesday. Last year, […]