Why scrapping Nigeria’s popular fuel subsidies would benefit its people

ECONOMIST

Large fuel subsidies in Nigeria are popular but ruinous to other public services. Our correspondents report from Lagos on how home-grown oil refining could help wean people off this popular premium. Texas was once a haven for crypto-mining; now many people are souring on it (11:06). And the terrifying rise of Indonesian horror films (17.05). Runtime: 22 min

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Why scrapping Nigeria’s popular fuel subsidies would benefit its people

 

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