FUEL IN NIGERIA

Nigeria will likely spend 5.4 trillion naira ($3.7 billion) in 2024 – 50% more than in 2023 – to keep petrol prices fixed, while borrowing an extra 6.6 trillion naira to plug gaps in its budget, a draft document seen by Reuters showed on Thursday. The “Accelerated Stabilisation and Advancement Plan” (ASAP), drafted by the […]