Image Credit: AEC August 3, 2022/AEC By NJ Ayuk, Executive Chairman, African Energy Chamber Senegal and Mauritania could be described as rising stars in the energy industry. After one significant offshore discovery after another in the region between 2014 and 2017, it has become evident that the region has massive […]
OPINION/EDITORIAL
Petroleum Subsidy Removal: The Short-Run Costs, Long-Run Payoffs and in-betweens
August 3, 2022/BudgIT Written by Iniobong Usen, Research and Policy Advisory Lead “Petroleum Subsidy” has assumed a life of its own and is operating in dual capacity as the Convener and the Chairman, Nigerian Governors Forum. Monthly, the 36 States of the Federation assemble in Abuja to collect their “share”, […]
How Europe Can Protect the Poor from Surging Energy Prices
(Photo: Axelrath Getty Images/Prisma) August 3, 2022/IMFBlog By Oya Celasun, Dora Iakova and Ian Parry With fossil fuels likely to remain expensive for some time, governments should let retail prices rise to promote energy conservation while protecting poorer households. Soaring energy prices have sharply increased living costs for Europeans. Since […]
