BusinessDay
Nigeria's leading finance and market intelligence news report.

World Bank says subsidy removal means fiscal savings for Nigeria

World Bank Group on Wednesday complimented Nigeria for tackling the problem of subsidies in the hydrocarbon area. David Malpass, the president, gave the compliments at a virtual Annual Meetings Press Conference in Washington D.C. Nigeria Government expects to save as much as N1 trillion ($2.6 billion) annually, and create massive jobs following the removal of…



Join now and gain unrivalled access to expert insights and analysis behind the story for just N1000/month

Get real time updates directly on you device, subscribe now.

Comments are closed, but trackbacks and pingbacks are open.