Fuel Subsidy Will Put Nigeria’s Economy At High Risk – World Bank

The World Bank says increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could significantly impact public finance and pose debt sustainability concerns. According to the bank, Nigeria is projected to have a 3.8 percent growth in 2022, adding that as an oil-dependent country, weak oil production hampers economic recovery. … Continue reading Fuel Subsidy Will Put Nigeria’s Economy At High Risk – World Bank