subsidies Archives - International Finance

Petrol price 40% cheaper in Nigeria than Saudi Arabia doesn’t make sense: Aliko Dangote

IFM CorrespondentOctober 1, 2024

by IFM CorrespondentOctober 1, 2024

Noting that all other nations have done away with fuel subsidies, Aliko Dangote clarified that the Nigerian government could no longer afford the burden of subsidies...

Kenya’s economic mess: Whom to blame?

IFM CorrespondentSeptember 18, 2024September 19, 2024

by IFM CorrespondentSeptember 18, 2024September 19, 2024

President William Ruto’s now-withdrawn tax hikes as well as similar legislation passed in 2023 are both linked to IMF loans as Kenya staggers under the weight of a heavy debt crisis...

China: Going with the wind

International Finance DeskJanuary 11, 2016

by International Finance DeskJanuary 11, 2016

There are economic factors behind Asian giant’s interest in wind energy Suparna Goswami Bhattacharya January 11, 2016: China has begun a new journey. The journey towards a greener future. And it is not surprising given the fact that the country emits 23.42% of global CO2 emissions as per a report by GermanWatch, a non-profit organisation...