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1 Aug 23
The controversial removal of an expensive fuel subsidy has saved the Nigerian government more than 1trn naira that will fund new social spending including expanding education, president Bola Tinubu...
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23 Mar 22
The Nigerian government should repurpose money spent on fuel subsidies to fund reforms aimed at reducing poverty, according to the World Bank Group.
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16 Aug 21
Lebanese leaders are growing increasingly tense after its central bank decided to end fuel subsidies, raising prices amid an economic crisis already pushing many people into poverty.
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15 Jun 21
Fiscal reforms Nigeria began during 2020 need to be completed to support the economic recovery from Covid-19, the World Bank has said.