By Jemimah Wellington, JKNewsMedia Correspondent ALLOCATIONS TO state governments have more than doubled since President Bola Tinubu removed the petrol subsidy in May 2023, the Federal Government has announced. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this in Abuja at the National Health Financing Dia...
By JKNewsMedia THE NIGERIAN government’s fuel subsidy debt to the Nigerian National Petroleum Company Limited (NNPCL) has climbed to N7.74tn, driven by exchange rate differentials affecting fuel import costs. This financial burden accumulated between June 2023 and September 2024, despite the government’s public stance on subsidy removal. A doc...
By Joke Kujenya LEGITIMACY OF two fiscal policy documents currently circulating across mainstream and social media platforms, amid rising public speculation has been categorically denied by the Nigerian Presidency. One document, titled “Inflation Reduction and Price Stability (Fiscal Policy Measure etc) Order 2024,” is being incorr...
