Daily Query

The World Bank dropped a bombshell recommendation asking Nigeria to resume fuel imports to stabilize prices of petroleum products in the country. The Bank claims that imported petrol is currently about 12% cheaper than Dangote’s refined fuel. They estimated an “import-parity price”

As global uncertainties deepen and economic pressures mount, the Federal Government of Nigeria has announced plans to pursue cheaper funding options and strengthen international financial partnerships to stabilize the nation’s economy. The disclosure was made in a media brief issued on Monday