Tags » Fuel Subsidies

Fuel subsidies in India: a blessing or a curse?

Amina El Refai

The World Trade Organisation (WTO) defines a subsidy as arising “any time a government programme benefits private actors”. A subsidy can be direct or indirect help from the government. 1,083 more words

India

Getting Energy Prices Right

Last month Meredith wrote about coal being too cheap and Max wrote about gasoline being too cheap. But what is the right price for energy? 822 more words

Fuel scarcity bites harder, product sells at exorbitant prices

DESPITE assurances from the Nigerian National Petroleum Corporation (NNPC) that the current fuel scarcity would not tarry, the scarcity bit harder yesterday as consumers of Premium Motor Spirit (PMS) popularly known as petrol bought the product at exorbitant rates in parts of the country amid long queues at the few dispensing stations that opened for business. 390 more words

News

FG collects N8 per litre on imported PMS – PPPRA

Regulatory Agency (PPPRA) said Federal Government would be collecting N8 per litre as subsidy on petrol imported by NNPC and other marketers. Alhaji Farouk Ahmed, outgoing Executive Secretary of the Agency, announced this while handing over to Mr Moses Mbaba, General Manager Administration, and Human Resources, last week in Abuja. 483 more words

News

Why Nigeria is finally pulling the plug on its controversial fuel subsidy in 2016

In the last few years, fuel subsidies have been a polarizing issue in Nigeria. Put in place as a people-oriented policy to help reduce the price of fuel for Nigerians, the subsidies have become a oft-debated policy as it has burned deep holes in the government’s pockets. 486 more words

Historic Opportunity to Reduce Global Fuel Subsidies

With crude oil prices under $50 per barrel this is an historic opportunity for Saudi Arabia and other countries to eliminate energy subsidies.

Low crude oil prices are making the impossible possible. 881 more words