Nigeria To Cut Import Duties On Food, Vehicles To Ease Inflation
The Government of Nigeria has announced plans to reduce import duties on key goods including food items, vehicles and industrial materials, in a bid to ease inflation and lower living costs. The measures, set to take effect from July 1, were disclosed via a statement from the media office of Bola Ahmed Tinubu. They form […]
Debt Alarm: FG Borrows Heavily in First 4 Months — See Figures
By Felicia Udeji In spite of mounting concerns over the huge level of the Nigeria’s public debt as a country, the Federal government has increased borrowing from domestic investors, adding to Nigeria’s already massive debt burden. This surge in borrowing will likely worsen the country’s economic woes and affect the average Nigerian’s […]