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Wednesday, 31 August 2022

At NECA CEO Discuss, economist canvasses removal of fuel subsidy to cut back on deficit

At NECA CEO Discuss, economist canvasses removal of fuel subsidy to cut back on deficit: “We can’t afford fuel subsidy. If we want to look at it from the economic point of view, it’s about opportunity cost. What is the opportunity cost of N8 trillion? The schools are closed. We are actually borrowing to consume on fuel subsidy.

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