Nigeria’s fuel subsidy payout averaging N500 billion monthly, and total expenditure on subsidy could hit a record N6 trillion mark by year-end, the International Monetary Fund (IMF) warned yesterday. The multilateral lender also revealed that a macro-fiscal stress test conducted on the country showed that interest payments on debts in the country could amount to … Continue reading Fuel Subsidy To Reach N6trn In 2022, IMF Warns Nigeria