Lodpost Category

News Updates

News Updates articles

Latest News Updates Articles

Fresh stories and updates from Lodpost
3 Hits Chukwudi Orji Oct 20, 2026, 11:40 AM Oct 20, 2026, 11:40 AM
Presidential fiscal policy adviser Taiwo Oyedele has warned that the naira could depreciate to N4000 per dollar if petrol subsidy returns. He said returning subsidy would put pressure on government finances and increase demand for dollars to import fuel, causing scarcity. He spoke on Monday, noting that subsidy removal in 2023 was to cut spending and allow market pricing. He advised government to focus on local refining and improving revenue instead of returning subsidy. Government says no plan to return subsidy
Read More   →