Nigeria Saves $1.32bn In Two Months By Scrapping Fuel Subsidy-President Tinubu
LAGOS AUGUST 1ST (NEWSRANGERS)-Nigeria has saved over 1 trillion naira ($1.32 billion) in just over two months by scrapping a popular but costly subsidy on petrol and moved to unify its multiple exchange rates, President Bola Tinubu said on Monday. Tinubu is under pressure as prices soar following the country’s boldest reforms in decades, which…