28766
Subsidy Removal
World Economy

Subsidy Removal

There was a sharp division among Nigeria’s leading economists and financial analysts on Saturday over Friday’s call by the Emir of Kano and a former Central Bank of Nigeria governor, Muhammad Sanusi II, for the devaluation of the naira, with most kicking against the call, NewsNow reported. However, they were unanimous on the call for the immediate removal of the subsidy on petroleum products in the country. The former apex bank governor had stressed the need for the federal government to completely remove the fuel subsidy and to reconsider stance against naira devaluation, saying the country cannot continue to live “in denial.”

Short URL : https://goo.gl/uYNzgk
  1. https://goo.gl/BWJhDF
  • https://goo.gl/nTZkMP
  • https://goo.gl/xv3Wkn

You can also read ...

Members discuss policies, regulation and flexibility to  help improve infrastructure.
Experts from APEC member economies spoke about the need to...
South Korea Business Groups’ Investment Rises 28%
South Korea’s top 30 conglomerates increased their investment...
Romania leads the pack in economic growth. The picture shows tires being inspected during production  at the Continental plant in Timisoara.
Economies in most of the European Union’s eastern wing...
China Eyes SE Asia Investments
Companies from the world’s second-biggest economy are...
Project awards in Bahrain plunged 84%.
Contracts awarded to build economic projects in the Persian...
Infosys is Asia’s No.2 software services developer.
Infosys Ltd. approved a 130 billion rupees ($2 billion) share...
Australia Economy Grows  With Strong Jobs Report
The strength of the Australian economy has been impressive of...
Qatar Tells Banks to Seek Overseas Funding
Qatar is telling its banks to tap international investors to...

Trending

Googleplus