Nigeria Squanders Oil Price Boom As Gasoline Subsidies Soar
LAGOS SEPTEMBER 29TH (NEWSRANGERS)-Nigeria has failed to capitalise on an oil price boom that has helped cushion other exporters from the impact of inflation, with millions more Nigerians now facing poverty. Data from Nigeria’s state oil company NNPC shows that it did not contribute anything to state coffers in the first eight months of 2022,…