Omotosho, Babatunde S. - In: CBN journal of applied statistics 10 (2019) 2, pp. 1-38
This paper studies the macroeconomic implications of oil price shocks and the extant fuel subsidy regime for Nigeria … rate depreciates more in the short-run. Counterfactual simulations also reveal that fuel subsidy removal leads to higher …, this study cautions that a successful fuel subsidy reform must necessarily encompass the deployment of well-targeted safety …