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Tag: Subsidies

Africa Nigeria News and Headlines West Africa World 

Nigeria: Agitated unions suspend planned strike over fuel subsidy

Elwin Mandowa, , , , , , ,
Nigeria’s major workers unions have announced the suspension of their planned nationwide strike which was called for Wednesday. The unions were expected to stay away from work to protest the sharp increase in the price of fuel after the country’s newly sworn-in president, Bola Tinubu decided to scrap subsidising fuel products. Mr. Tinubu said the government can no longer afford… Read More
Africa Business Ghana West Africa World 

Ghana spends over $1 billion on electricity subsidies?

Village Reporter, , , , , ,
Ghana’s government is reportedly spending over $ 1 billion on electricity subsidies. According to a close associate of the country’s President, the government is spending excessively just to keep “lights on.” Power consumers in Ghana continue to get frustrated by power outages despite a new consortium taking over it’s power distributor. Power Distribution Services, PDS Ghana Ltd under Philippines Meralco… Read More