Nigeria may spend 50% more on fuel subsidies in 2024, draft document shows
By Isaac Anyaogu ABUJA (Reuters) -Nigeria will likely spend 5.4 trillion naira ($3.7 billion) in 2024 – 50% more than in 2023 – to keep petrol prices fixed, while borrowing an extra 6.6 trillion naira to plug gaps in its budget, a draft document seen by Reuters showed on Thursday. The “Accelerated Stabilisation and Advancement …
Nigeria may spend 50% more on fuel subsidies in 2024, draft document shows Read More »






