In addition, the policy will also hurt small business owners who power their businesses with PMS,

Despite the surging rise in the cost of transportation during the holiday season due to the high inflationary rate as well as the removal of fuel subsidies, Nigerians will breathe

eanwhile, the rebate, which is to end on the 4th of January 2024, does not address the core challenge of the rising cost of living, mainly inflation and food inflation. Hence

One of the most controversial and landmark economic policies made by President Tinubu is the attempt to float the naira against the dollar at the foreign exchange market.

The decision to float the Naira was based on the anticipation that doing so would diminish the premium (discrepancy) existing between the official market and the parallel market.

against the greenback

The headline inflation stands at 28.28%

Dramatically, the President announced the removal of the age-long fuel subsidy, increasing the pump price of fuel by over 152% according to NBS.

fuel subsidy removal bites harder during this festive period as the cost of transportation, staple food items, clothing, and other goods skyrocket to a record high.