The outlook report projects Nigeria’s annual subsidy could moderate to N750 billion in 2022 compared to approximately N1 trillion in 2021.
It is very likely that Premium Motor Spirit (PMS) price regulation by the Federal Government will be extended, and the retail price of petrol by 26percent to N208 in 2022 says CardinalStone Partners Limited, an investment banking firm and financial services company.
In its outlook for 2022, the com
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Oladehinde Oladipo
Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy.
He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.
