How to scrap fuel subsidies
Many oil-producing countries have long maintained domestic fuel subsidies, even as the fiscal cost has ballooned, for fear of triggering civil unrest. But Nigerian President Bola Tinubu’s decision to take a “cold turkey” approach to ending his country’s subsidies, and the lack of popular resistance...
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| Format: | Opinion Piece |
| Language: | Inglés |
| Published: |
Project Syndicate
2023
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| Online Access: | https://hdl.handle.net/10568/131383 |
| Summary: | Many oil-producing countries have long maintained domestic fuel subsidies, even as the fiscal cost has ballooned, for fear of triggering civil unrest. But Nigerian President Bola Tinubu’s decision to take a “cold turkey” approach to ending his country’s subsidies, and the lack of popular resistance to the move, suggests a way forward. |
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