FG Removes Subsidy on Petroleum Products

FOLLOWING the recommendation of the presidential steering committee on global economic meltdown, the Federal Government yesterday approved the deregulation of the downstream sector of the petroleum industry thereby ending months of speculations on the issue

Arts of survival

Lagos markets and traders are starting to feel the pinch as oil prices fall, government revenue shrinks and Nigeria's currency, the Naira, slides against the US dollar.

"The present economic crisis is affecting every aspect of life here," says Adamu Bima.