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Posts tagged with "World Bank/International Monetary Fund Spring Meetings"

World Bank boss David Malpass urges Nigerian government to scrap its fuel subsidy regime African News

World Bank boss David Malpass urges Nigerian government to scrap its fuel subsidy regime

WORLD Bank officials have urged the Nigerian government to rethink its fuel subsidy regime as the policy is not only bleeding the treasury dry but also has the counter-productive effect of assisting the rich rather than the poor who it was designed to help.   Last week, Nigeria's senate approved a sum of N4trn ($9.62bn) to be...
 

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