Me Femi Falana, a Senior Advocate of Nigeria and human rights activist, has advised the Federal Government not to heed the advice of the International Monetary Fund (IMF). It wanted the Nigerian government to remove further subsidies on petroleum products and electricity tariffs
The Alliance on Surviving Covid-19 and Beyond (ASCAB) has called on President Bola Tinubu’s government to reject the pressure from the global lender, the International Monetary Fund (IMF), to increase the prices of fuel and electricity.
“According to the London-based news agency, Reuters, on June 8, 2023, the British government said that it had paid almost 40 billion pounds ($50 billion) in energy subsidies since it began to help households and businesses cope with the surge in power bills after Russia’s invasion of Ukraine.
US doubles renewable subsidies to $15 6bln in last seven years -EIA zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.