GeopoliticsNotableReported
7.1
IMF advises Nigeria against blanket petrol subsidies, urges targeted aid
Premium TimesSRC LO·NG·1 day ago
Former Nigerian President Olusegun Obasanjo and Bayelsa Governor Douye Diri have renewed the Niger Delta's demand for a larger share of oil revenue, reviving a long-standing resource-control dispute. The push comes amid growing questions over how state governors have spent billions in derivation funds already received, adding an accountability dimension to the fiscal debate. The development signals potential friction between the region and the federal government over revenue allocation, though no concrete policy change has been proposed.
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