Economy

MURIC urges FG to supply 100% crude to local refineries

The Muslim Rights Concern (MURIC) has called on the government to ensure an adequate supply of crude oil to local refineries to encourage energy...

FG backs Tinubu poly, Epe varsity with ₦4bn start-up grants 

The Federal Government has approved ₦2 billion each as take-off grants for the Bola Ahmed Tinubu Federal Polytechnic in Abuja and the Federal University...

Subsidy removal raised Nigeria’s poverty rate to 63%, Study finds

About 63 per cent of Nigerians fell below the poverty line after the removal of petrol subsidy, according to a new study that examined...

States seek forensic audit of crude-for-loan deals

State governments have called for a forensic audit of Nigeria’s crude oil-backed borrowing arrangements, warning that opaque crude-for-loan and swap deals may be undermining...

Experts raise alarm as Dangote Refinery controls 92% of fuel supply

Stakeholders, including energy experts, economists, and Nigerian workers, have raised alarm over the suspension of petrol imports by the Federal Government, urging urgent price...

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