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Nigeria’s Economic Advisory Council calls for petrol subsidy removal

Nigeria’s Presidential Economic Advisory Council has urged President Muhammadu Buhari to adopt a pricing regime to reflect the cost of petrol and remove subsidy on the commodity. Meanwhile, data from the Central Bank of Nigeria shows that Nigeria’s trade deficit rose to $2.5 billion as at January this year. As we await a flurry of economic data this month, Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.

Mon May 10 2021 | 11:51:23 AM


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