The World Bank removed its Nigeria report after suggesting continued fuel imports. They now say that advice may not fit current global energy realities.
Their updated stance is simple:
Focus on protecting vulnerable Nigerians through better safety nets
Transition gradually to a competitive fuel market
Avoid rushed reforms that could hurt consumers
They also acknowledged efforts by the Nigerian government and private sector to keep fuel supply stable.
1 Comments
Why remove the report though? That feels suspicious.
Hmmm. Probably because the recommendation could conflict with what other countries are doing for energy security right now.