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Mail & Guardian
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Finance Minister Enoch Godongwana. (Photo: Mlungisi Louw/Gallo Images)
2024 BUDGET

Budget 2024: Jury’s still out on tax hikes

The budget is expected to lay out plans to raise R15bn in revenue, amid a commodity-induced slump This content is restricted to registered users and subscribers. Get Your Free…

  • Sarah Smit
1 min read
An aerial view of trucks parked on the road side waiting to get access into Tincan port in Apapa, Lagos, on January 11, 2021. – At the beginning of 2020, just before the coronavirus crisis, 99% of exports and more than 89% of imports passed through the seas, almost exclusively via Lagos. After oil, the port of Lagos, which stretches from Apapa to Tin Can island, is the second largest source of income for the African giant. (Photo by Benson Ibeabuchi / AFP) (Photo by BENSON IBEABUCHI/AFP via Getty Images)
ADEDEJI ADENIRAN

Nigeria’s economy short circuits despite oil gains

Africa’s largest oil producer has not been able to cash in fully on the price rally because of lacklustre production and its reliance on imported fuel

  • Sarah Smit
5 min read