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Naija & The News Saturday, 17 October 2026
Economy

IMF Warns Nigeria Against Blanket Petrol Subsidy

IMF warns against blanket petrol subsidies, suggesting targeted support for poor, vulnerable people. This is because blanket subsidies are costly and benefit the rich more.

Illustration: AI-generated editorial image, not a photograph of the event.

The IMF wants the government to consider a different approach. What do you think about targeted support for the poor?

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