Remove fuel, electricity subsidies early 2022 – IMF to FG

The organisation said slow FX reforms and uncertainties regarding the ability to repatriate foreign funds have discouraged new capital inflows. The International Monetary Fund (IMF) has advised the Nigerian government to completely remove fuel and electricity subsidies in early 2022. The Washington-based organisation noted that the removal of “retrogressive” fuel and electricity subsidies should be … Continue reading Remove fuel, electricity subsidies early 2022 – IMF to FG