Govt urged to abolish fuel subsidy over pressure on forex market

Govt urged to abolish fuel subsidy over pressure on forex market
23 December 2015, Lagos – Analysts at CSL Stockbrokers Limited, have advised the federal government to end the fuel subsidy, which currently makes up a significant proportion of Nigeria’s import bill. They reasoned that removal of the subbing will help reduce demand for dollars and reduce pressure in the foreign exchange market. Besides’ they argued that […] More »
Govt urged to abolish fuel subsidy over pressure on forex market Govt urged to abolish fuel subsidy over pressure on forex market Reviewed by Crude Oil Facilitators on 20:25 Rating: 5

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