Share

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, 10 May 2021 11:51:23 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.