Thursday, July 11, 2019

Fuel Subsidy Reform and Green Taxes: Using Digital Technology to Do It the Right Way

BLOG: Countries do not find it easy to reform fossil fuel subsidies. On New Year’s Day in 2012, Nigeria’s president, Goodluck Jonathan, abruptly eliminated all gasoline subsidies to contain the country’s fiscal crisis, more than doubling the price of gasoline overnight. After a week of “Occupy Nigeria” citizen protests that spread quickly through social media, the government was forced to reinstate the subsidies, further eroding its credibility in the eyes of the general public. Read More