Subsidy payments, summer travels, students’ exodus worsen naira depreciation — Investigation
By Babajide Komolafe, Economy Editor The burden of under-recovery for fuel subsidy cost borne by the Nigeria National Petroleum Corporation, NNPC, Limited, and hence its inability to remit into the federation account, is a major factor worsening the prevailing acute scarcity of the dollar driving the continued depreciation of the naira. Other factors include increased forex […]
