Naira devaluation absorbed expected fuel subsidy savings.
1 report, 1 independent
Updated Aug 31
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What happened
Naira devaluation absorbed expected fuel subsidy savings.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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naira
currency of the Federal Republic of Nigeria
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Femi Falana
Nigerian lawyer and human rights activist
Nothing else this week.
Related events
- The policy failure of fuel subsidy removal and nominal increase due to exchange rate shifts in Nigeria.
- An Agri-SMEs and Investors Conference was held in Kaduna to discuss how the naira float is creating new export opportunities for agricultural businesses.
- Stability of the naira helped contain price pressures.
- The Nigerian Federal Government used the naira for revenue allocation.
- The article states that Naira is the currency of Nigeria and that economic reforms were implemented in 1995 to boost government revenues and investments.