Targeted support, not subsidies, can best protect people when inflation surges – IMF
However, the financial institution said price-suppressing measures can be expensive because much of the support may benefit households that don't need it.
Summary by The Lagos Editorial Desk · Byline on the source page: Oladeinde Olawoyin, as published by Premium Times · · 1 min read
However, the financial institution said price-suppressing measures can be expensive because much of the support may benefit households that don't need it.

News
Victor Osimhen provided an assist on his return to action as Galatasaray defeated Kasimpasa 3-1 in an Istanbul derby. Osimhen, who was injured one month ago in another Istanbul derby against Istanbul Basaksehir, replaced Deniz Gul in the 77th minute. The Nigeria international tee...
Daily Post Nigeria · Oct 9, 2026

News
The judge warned Mr Kyari and his co-defendants that failure to comply could lead to a premature closure of their defence in the cocaine trial. The post Court gives Abba Kyari, others final chance to file defence witnesses’ list in cocaine trial appeared first on Premium Times Ni...
Premium Times · Oct 9, 2026

safety
Nigerian streamer Peller has lashed out at those demanding a DNA test to establish the paternity of his child with Jarvis. In a heated response, the content creator dismissed the calls for a DNA test, insisting that Jarvis, who is carrying his child, should not be subjected to su...
Daily Post Nigeria · Oct 9, 2026

News
Petrol prices at Nigerian filling stations remained at N1,370 per litre after the Federal Government proposed a discounted price of N1,350 per litre. A market survey by DAILY POST on Friday showed that NNPCL retail outlets in Abuja and its environs were dispensing petrol at a fla...
Daily Post Nigeria · Oct 9, 2026

News
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said Nigeria does not currently have enough crude oil to supply the Dangote Petroleum Refinery with its daily requirement of 700,000 barrels. Oyedele explained that the country was yet to reach a pro...
Daily Post Nigeria · Oct 9, 2026
News
MoreBranches · Oct 9, 2026

News
Nigeria does not have a shortage of people who work. We have a shortage of productive work. Every morning, millions of Nigerians trade, farm, build, repair, transport, cook, manufacture, code and provide services. They work long hours and demonstrate extraordinary resilience. Yet...
Nairametrics · Oct 9, 2026

News
The naira appreciated against the dollar at the official foreign exchange market to end the week on a positive note. Data from the Central Bank of Nigeria (CBN) showed that the naira strengthened to N1,331.19 per dollar on Friday, compared with N1,332.10 recorded on Thursday. Th...
Daily Post Nigeria · Oct 9, 2026
News
The Federal Government says Nigeria’s crude oil production capacity is inadequate to supply the Dangote Refinery and meet local refining needs. Nigeria’s Minister of Finance, Taiwo Oyedele, made the comment on Friday following calls for a “production subsidy&rdq...
Channels Television · Oct 9, 2026

business
“Bola, 30 days cannot erase three and a half years of hardship. Nigerians have heard your excuses and endured your failed promises. They are ready to judge your record. After this latest admission of failure, the honourable thing to do is step down. Nigerians deserve a government...
Premium Times · Oct 9, 2026
News
The Guardian Nigeria News · Oct 9, 2026

News
By Omeiza Ajayi ABUJA: Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, on Friday night launched a blistering critique against former Vice President Atiku Abubakar, describing the opposition leader’s recent verbal broadsides against President Bola Tinubu as sym...
Vanguard · Oct 9, 2026