An additional 7.1 million people will become poor in Africa’s most populous country if the government fails to provide palliatives to cushion the effect of the fuel subsidy removal, the Bank says. In Bauchi, Muhammad says if the hike persists, he will be forced to stop the ...
The thrust of the study is to examine the causes of the fuel subsidy removal, to identify the benefits of fuel subsidy removal, to describe the effects of the subsidy removal, and the socio-religious implications of the removal of fuel subsidy to the citizens of Nigeria. It is in the ...
LEADERSHIP, STRATEGY & DEVELOPMENT (CENTRE LSD) AT THE STRATEGY MEETING OF CSO LEADERS INTERVENTION ON PETROL SUBSIDY REMOVAL AND PALLIATIVE BY FEDERAL GOVERNMENT OF NIGERIA (FGN) ORGANISED BY PARTNERSHIP TO ENGAGE, REFORM AND LEARN (PERL) FROM 1ST -2ND AUGUST, 2023 AT REIZ CONTINENTAL HOTEL, ...
Fuel Subsidy Removal and the Nigerian EconomyFuel SubsidyBig push theoryDespite the huge amount of money Nigerian government spends on fuel subsidy, the situation in the oil sector has not been promising and Nigerians still experienUzonwanne, Maria...
"Welcome to shege banza":Multimodal metaphors in Nigeria's 2023 subsidy removal-related internet memes This paper examines the forms and functions of Internet memes relating to the fuel subsidy removal policy of Nigerias President Bola Ahmed Tinubu, with a v... OO Adebomi - 《Metaphor & the...
While various global high-level political groupings, such as the G20 and the Asia Pacific Economic Cooperation (APEC) are already advancing the implementation of the subsidy phase-out policy, the IEA emphasized that "much more remains to be done to realize the full extent of benefits." If ...
Diesel demand elasticities and sustainable development pillars of economy, environment and social (health): comparing two strategies of subsidy removal and energy efficiency 2023, Environment, Development and Sustainability Equitable, effective, and feasible approaches for a prospective fossil fuel transition ...
“So, we will be working together with representatives of the state, we will have a plan that we will start working on putting the building blocks towards the eventual removal of the fuel subsidy. “If I May remind the forum, that the budget for 2023 has provision for subsidy only...
The study concludes that while fuel subsidy removal policy (in the short term) would have welfare implications, in the long run, the policy would bring about greener growth and enhance sustainable development.doi:10.2139/ssrn.2205514Terfa Williams Abraham...
The World Bank estimates that subsidy removal, and scrapping foreign exchange controls, would save Nigeria some 21 trillion naira ($27.49 billion) from 2023 to 2025. Angola said it would phase its subsidy removal through 2025, and the savings would go towards cash transfers to...