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Nalezeno "fuel subsidy": 2
Nigeria Declares Food Emergency After Sixth Consecutive Increase in Inflation Rate
19.7.2023
The Nigerian government declared a food price emergency after the latest data from the National Bureau of Statistics (NBS) showed that the country’s inflation rate had gone up by 0.38% to 22.79%. The NBS said the June inflation figure does not “fully capture the impact of the fuel...
New Nigerian President Slates Central Bank’s Interest Rate and Currency Demonetization Policy
31.5.2023
The new Nigerian president Bola Ahmed Tinubu has deplored the Central Bank of Nigeria (CBN)’s aggressive interest policy which he has reportedly labeled “anti-people” and “anti-business.” Tinubu also announced the scrapping of a fuel subsidy which has been in existence...