Nigeria Govt's Grant To Cushion End of Fuel Subsidy Is Not Enough

  • 📰 allafrica
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 99%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Nigeria Govt's Grant To Cushion End of Fuel Subsidy Not Enough Nigeria

that the decision"more than anything else, supports the belief that as a nation, we are poor not because of our geographical location or as a result of lack of mineral resources but predominantly because our leaders make policies that engender poverty and promote helplessness among its citizens".

The Nigeria Labour Congress has also commented, saying:"The question is: of what help is N8,000 in an economy where workers now spend more than N8,000 in a week just to commute to and from their workplaces?"Vanguard, 20 July 2023 GOING by media reports, the Federal Government of Nigeria has concluded plans to make a digital transfer of N8000 to over 12 million low-income earners in Nigeria to help cushion…

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

West Africa: How Nigeria's Fuel Subsidy Shock Jolted Cameroon's EconomyAnalysis - In Cameroon, the unintended consequences of Nigeria's fuel subsidy withdrawal ripple across the beleaguered Anglophone region.
Source: allafrica - 🏆 1. / 99 Read more »