IISD in the news

Kerosene subsidy: The hidden mega scam

"The Centre for Public Policy Alternatives and the International Institute for Sustainable Development’s Global Subsidies Initiative in their 2012 report noted that the subsidy for kerosene in Nigeria had fluctuated over the years. The report indicated that the Petroleum Products Pricing Regulatory Agency’s reported figures showed that in 2006, 2.4bn litres of kerosene were imported with a subsidy of N89bn."

November 1, 2014