Fuel subsidies

Nigerian Govt Pays About N600bn Monthly For Fuel Subsidy – Rainoil CEO

Gabriel Ogbechie, CEO of Rainoil Limited, revealed that the federal government has reinstated fuel subsidy, and pays about N600 billion monthly due to the devaluation of the Naira in the foreign exchange

Subsidies: Egypt Allocates $2.6bn For Bread, $3.1bn For Petroleum In 2024/2025 Budget

Egypt’s Finance Minister, Mohamed Mait, announced an allocation of $2.66 billion for bread subsidies and $3.13 billion for petroleum products subsidies in the country’s upcoming 2024/2025 Budget. “Bread and fuel are essential

IMF frowns at return of fuel subsidies in Nigeria

The International Monetary Fund (IMF) has informed the federal government that the reintroduction of fuel subsidies was concerning. IMF expressed this view at a virtual meeting with representatives of the Nigerian government.

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Nigerian Govt Pays About N600bn Monthly For Fuel Subsidy – Rainoil CEO

Subsidies: Egypt Allocates $2.6bn For Bread, $3.1bn For Petroleum In 2024/2025 Budget

IMF frowns at return of fuel subsidies in Nigeria

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