Subsidy Removal

The Political Economy of Fossil Fuel Subsidy Removal

We study the impact of fossil fuel subsidy removal on presidential popularity using difference-indifference approaches and a stylized ...

Nigeria ends oil subsidy to invest savings in infrastructure ...

“This [subsidy removal] is one decision we must bear to save our country from going under and take our resources away from the stranglehold ...

Nigeria's fuel subsidy removal was too sudden - The Conversation

Republish our articles for free, online or in print, under a Creative Commons license. ... Nigeria removed fuel subsidies entirely in May 2023.

Fuel subsidy removal in global south oil-producing economies

We conduct a review of studies on fuel subsidy removal in Ghana and Nigeria highlighting the influence on poverty levels, environmental and welfare implications

Simulating the Inflationary Effects of Fuel Subsidy Removal in Nigeria

This study simulates the effect of fuel subsidy removal on different categories of inflation in Nigeria using the novel dynamic simulated autoregressive ...

Fossil Fuel Subsidies - International Monetary Fund (IMF)

Fossil fuel subsidy removal would also reduce energy security concerns related to volatile fossil fuel supplies. Back to Top. Measuring Fossil Fuel Subsidies.

Managing the Distributional Effects of Energy Taxes and Subsidy ...

Nonetheless, removing subsidies and taxing energy can be politically ... Recycling a small fraction of fiscal revenues from energy subsidy removal or ...

The Impacts of Fossil Fuel Subsidy Removal in a Developing Country

We find that households “stepped down the energy ladder”: modern fuel use decreased, while the use of transition and traditional fuels expanded. Price increases ...

Fuel Subsidy Removal in Nigeria and Cross-Border Smuggling

We explore the impact of fuel subsidy removal on cross-border fuel smuggling in Nigeria. Using trucking data for premium motor spirit movement across the ...

Nigeria: Removal of fuel subsidy must not exacerbate poverty

Responding to Nigeria's looming fuel shortage crisis, caused by removal the removal of a government subsidy, Isa Sanusi, Acting Director for ...

Compensation Mechanisms for Fuel Subsidy Removal in Nigeria

This study conducts a detailed analysis of the compensation mechanisms that could be used to mitigate the impact of fuel subsidy removal on weak and ...

Fuel Subsidy Removal Necessary For Nigeria Not To Go Bankrupt

Don't forget to subscribe: https://bit.ly/2Hb8hjx Watch more interesting videos: https://bit.ly/34ogCaw Follow Channels Television On: ...

Implications of fuel subsidy removal on the Nigerian economy

The negative implications are that fuel subsidy removal may decrease economic growth in the short term, increase inflation, increase poverty, ...

Towards sustainable fuel subsidy reform in Nigeria - ODI

Yet removing subsidies is fraught with political and ... The purpose of this report is to explore how savings from fuel subsidy removal ...

Cross-national analysis of attitudes towards fossil fuel subsidy removal

Here we present a comparative analysis of attitudes towards both carbon taxation and fossil fuel subsidy removal, focusing on five developing countries across ...

Nigeria's Tinubu says scrapping fuel subsidy has saved $1.32 billion

It also plans to set up a fund from the subsidy savings to build infrastructure. "Sadly, there was an unavoidable lag between subsidy removal ...

Petrol Subsidy Removal Painful But Necessary, Tinubu ... - YouTube

President Bola Tinubu on Sunday ruled out the return of subsidy on Premium Motor Spirit (PMS) famously known as petrol.

Public acceptance of fossil fuel subsidy removal can be reinforced ...

Removing fossil fuel subsidies is important for mitigation and making carbon pricing polices effective. We find that removing subsidies on ...

The socio-economics of the 2023 fuel subsidy removal in Nigeria.

The removal of fuel subsidy in Nigeria in 2023 has triggered a profound shift with far-reaching implications across economic, social, and ...

Subsidy removal: Challenges and solutions - Punch Newspapers

Fuel subsidy removal could save Nigeria around N7tn annually which could be channeled into infrastructure, education and health.