The Commerce Africa African Reneissance
In Nigeria, 80% of government subsidies to the electricity sector benefit the rich at the expense of the poor, who capture only 2%. According to the World Bank, since 2017, the federal government has borrowed 1.3 trillion naira ($3.38 billion) from the Central Bank of Nigeria (CBN) to make up …
Read More »80% of Energy Subsidies in Nigeria Nenefit the Rich–World Bank
