Tinubu’s Economy Minister, Wale Edun, Justifies Need for More Borrowing Despite Nigeria’s N134 Trillion Debt

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has defended the need for additional borrowing to fund the federal budget, even as the country’s public debt exceeds N134 trillion. Edun made the statement during an interactive session with the Senate Joint Committees on Finance, National Planning, and Economic Affairs, focused on…

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Dangote Refinery Reduces Petrol Price To N970 Per Litre ‘To Repay Nigerians For Their Support’

The Dangote Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), or petrol, to ₦970 per litre, down from ₦990 per litre. This decision was shared in a statement by the refinery’s Chief Branding and Communications Officer, Anthony Chiejina, on November 24, 2024. The move is described as a gesture…

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