Saturday, 28th January 2023
<To guardian.ng
Search

World Bank team discusses fuel subsidy during visit to The Guardian

By Guardian Exclusive
01 December 2021   |   8:36 am
The World Bank is backing Nigeria’s quest to get rid of fuel subsidy. The Country Director of the World Bank Shubham Chaudhuri, who led his team on a courtesy visit to The Guardian Group on Tuesday, November 30, explained why fuel subsidy is not sustainable. Chaudhuri, nevertheless, advised the Nigerian government to build consensus before its scheduled removal of the controversial subsidy policy.

Related

22 Nov
A Nigerian court has convicted two young men for a comedy skit on the social media platform TikTok. The skit was to taunt the governor of the Kano State and even though it was meant to be satirical, the court deemed it defamatory. The two comedians spent a few days in prison and received 20 lashes as part of their punishment.
17 Nov
Aid is slowly coming to southern Nigeria after the biggest floods since 2012 killed more than 600 people and affected nearly 3 million others, according to official figures. Many have fled their homes, including to overcrowded displacement camps. This year's rainy season is one of the deadliest in the West African country's history.
26 Nov
An NGO is trying to bring access to reliable electricity by implementing small solar systems to make villages independent from the national grid. Importantly, they also show locals how to maintain the systems.
21 Nov
An NGO is trying to bring access to reliable electricity by implementing small solar systems to make villages independent from the national grid. Importantly, they also show locals how to maintain the systems.
26 Nov
A 2016 video of Islamic preacher, Zakir Naik, has gone viral on Twitter, as users claim that Naik is converting people to Islam during the FIFA World Cup. We tell you more in this edition of Truth or Fake.
2 Dec
Fears of violence are surging ahead of Nigeria's 2023 general elections. Widespread insecurity as well as economic and environmental challenges represent a threat to the upcoming polls.
11 Dec
Boxing is rapidly gaining traction among young Nigerians — and female boxers have not been left behind. Sekinat Quadri, has her heart set on boxing professionally. She is only 11 years old but has bagged several bouts in different categories.
24 Nov
Nigeria launched oil and gas drilling for the first time in the country's north on Tuesday, as it seeks to diversify away from the oil-rich Niger Delta.
25 Nov
Christian "Flake" Lorenz, Rammstein's keyboarder, stars in a video with his daughter, Mimi, commenting on the destruction of the environment — and criticizing the music industry.
30 Nov
The regime's brutal treatment of protesters and lack of reliable sources make social networks an indispensable medium of passing on information from the streets.
29 Nov
London's Horniman Museum signed over ownership of 72 artefacts, looted by British soldiers in 1897, to the Nigerian government on Monday.
6 Dec
The World Bank says the level and quality of Nigeria’s infrastructure quality is low, ranked at 132 out of 137 countries, stressing that the country's physical infrastructure gap would likely reach 3 trillion dollars in the next 30 years.