Archives Tag: Fuel Subsidy Removal
How Businesses Can Cope with the Effects of Fuel Subsidy Removal
April 19, 2022
The removal of the fuel subsidy can have significant implications for businesses, leading to increased economic and operational costs. In many countries, including Nigeria, the removal of fuel subsidies often results in higher fuel prices, which can affect transportation costs, raw material expenses, and overall business operations. However, with careful planning and strategic measures, … Continue reading How Businesses Can Cope with the Effects of Fuel Subsidy Removal
Tinubu’s Unified Exchange Rate, Fuel Subsidy Removal: Implications
April 19, 2022
In a surprise move, President Tinubu announced that he would remove fuel subsidies and unify the exchange rate. This is a major policy shift that has a significant impact on the Nigerian economy. The removal of fuel subsidies which took effect after he was sworn in led to an increase in the price of … Continue reading Tinubu’s Unified Exchange Rate, Fuel Subsidy Removal: Implications
