Tinubu Declares End to Petrol Subsidy and Multiple FX Rates: A New Dawn for Nigeria's Economy

Tinubu Declares End to Petrol Subsidy and Multiple FX Rates: A New Dawn for Nigeria's Economy

Aug 4, 2024 / 0 Comments

President Bola Tinubu calls the petrol subsidy and multiple exchange rates a 'noose' around Nigeria's economy. His policy changes, ending fuel subsidies and unifying exchange rates, promise substantial economic shifts and national development.

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Tinubu's Upcoming Decision on New Minimum Wage to Address Nigeria's Economic Hardships

Tinubu's Upcoming Decision on New Minimum Wage to Address Nigeria's Economic Hardships

Jul 17, 2024 / 0 Comments

President Bola Tinubu will decide on the new minimum wage on Thursday, as Nigeria grapples with an economic crisis. The move follows discussions led by the Minister of Information, Mohammed Idris, in a Federal Executive Council meeting. The government has also distributed 20 trucks of rice to each state to alleviate food shortages.

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