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buhari

Buhari explains why he ignored advice to remove fuel subsidy
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Buhari Explains Why He Ignored Advice To Remove Fuel Subsidy

President Muhammadu Buhari has explained why he ignored advice from International Monetary Fund (IMF), World Bank and other leading economists to remove the fuel subsidy.   In an interview he granted Bloomberg, Buhari said western allies are now learning that what looks good on…

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Nigeria: Inflation Reaches 11-Month High of 17 Percent

The continuing war in Ukraine is partly responsible for upward price pressures on Nigeria, which relies on import of critical food materials like wheat, from the Black Sea region. Inflation in Nigeria maintained a “galloping trend” in May, rising…