Many readers of this blog will be familiar with the pernicious consequences of fossil fuel subsidies -- and how difficult it is to get rid of them. My colleague John Campbell, a former U.S. ambassador ...

Renowned economist and Managing Director of Financial Derivatives Company, Bismarck Rewane, has proposed a shift in Nigeria’s fuel subsidy framework, ...

The fuel subsidy fraud charges involving Nadabo and it's CEO originally started in 2012.The Economic and Financial Crimes Commission (EFCC) has rearraigned the CEO of Nadabo Energy, Abubakar Peters, ...

Rising oil prices are once again testing Nigeria’s economy. But this time, there is no subsidy to absorb the shock. With fuel ...

Experts and civil society organizations are divided over calls for the administration of Bola Ahmed Tinubu to introduce palliatives or reinstate fuel ...

Moghalu believes Nigeria economy will be revived if government does away with fuel subsidy. Moghalu in a series of tweets on Monday, May 1, 2023, said Nigerians need to be educated on the ...

Henry Ikoh, former Minister of Science and Technology, has described Nigeria’s previous fuel subsidy regime as a “monumental ...

The NNPCL claims that the amount spent on fuel subsidy payment could provide 7,500km of road network at ₦‎400 million per kilometre and 37 well-equipped 120 Beds Tertiary Health Centres at ₦‎32 ...

Rising oil prices are good for Africa's top crude producer on a macroeconomic level but higher refined fuel prices will be ...

The Middle East conflict has triggered a sharp rise in global oil prices, forcing governments worldwide to adopt emergency measures to shield their economies.The ongoing war that the United States and ...

Last October, he yanked it for the last time. A 72-panel solar array now sits on a steel frame above his forecourt canopy, ...

Nigeria has long subsidized fuel for its citizens. The cost of the subsidy is high, and economists and the international financial institutions have argued for many years that it significantly ...