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Nigeria Secures $1.5 Billion Loan from World Bank for Fuel Subsidy Removal and Tax Reforms

Nigeria Secures $1.5 Billion Loan from World Bank for Fuel Subsidy Removal and Tax Reforms

Nigeria has successfully secured a $1.5 billion loan from the World Bank to support its ambitious fuel subsidy removal and tax reforms aimed at stabilizing the economy. The loan, part of the Reforms for Economic Stabilisation to Enable Transformation Development Policy Financing initiative, is expected to play a crucial role in Nigeria’s economic transformation efforts. … Read more

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