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Before 2015, the “dollar subsidy” in Nigeria was less about a direct line-item payment in the budget and more about central bank intervention and revenue loss.While there isn’t a single official “bill” for the dollar subsidy like there was for…

Petroleum products remain the backbone of Nigeria’s economy. From transportation and manufacturing to power generation and agriculture, fuel distribution in Nigeria such as PMS (Premium Motor Spirit – Petrol), AGO (Automotive Gas Oil – Diesel), and DPK (Dual Purpose Kerosene)…