Finance Minister Olawale Edun on Tuesday warned against subsidy reversals at the World Bank/IMF Spring Meetings in Washington, urging developing nations to hold reform gains as global shocks intensify pressure to abandon hard-won policy progress.
The International Monetary Fund cut Nigeria's 2026 growth forecast to 4.1 percent, down from 4.4 percent, citing higher commodity costs and shipping disruptions.
Leaders and civil society groups are asking Tinubu to lift the emergency rule and end the suspension of the Rivers State governor, saying it goes against the constitution and democracy.
The Rivers Judiciary dismissed allegations that Governor Fubara requested Chief Judge Simon Amadi to take leave and addressed misinformative goals to build political confusion.
The Rivers State House of Assembly has intensified its standoff with Governor Siminalayi Fubara, demanding the removal of 19 commissioners over alleged illegal appointments.
Former media adviser Opunabo Inkor Tariah declares Governor Siminalayi Fubara’s 2027 re-election bid "unstoppable," dismissing Wike's opposition and stressing that power comes from God. Â
Finance Minister Olawale Edun on Tuesday warned against subsidy reversals at the World Bank/IMF Spring Meetings in Washington, urging developing nations to hold reform gains as global shocks intensify pressure to abandon hard-won policy progress.
The International Monetary Fund cut Nigeria's 2026 growth forecast to 4.1 percent, down from 4.4 percent, citing higher commodity costs and shipping disruptions.
Nigeria's power subsidy obligation reached N418.79 billion in the fourth quarter of 2025, a decline of N39.96 billion from the third quarter, according to the Nigerian Electricity Regulatory Commission.
Aliko Dangote's Lekki refinery turned Nigeria into a net petrol exporter last month, ending decades in which Africa's largest oil producer sent crude abroad only to import finished fuel.