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Page 17 - Fuel Subsidies News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CNN CNN Newsroom Live June 4, 2024 07:41:00

the nigerian government is clarifying its plans to end fuel subsidies after a seemingly off-the-cuff remark from the new president actually triggered panic buying at the pump and prices nearly tripled. during his inauguration speech the president declared the critical fuel subsidy gone. now his office says it will end by the end of this month. stephanie joins me from lagos. this caused panic. you can say with confidence this would have been a controversial move. but why did the government, or i should say the president himself, decide to basically say these words as opposed to understanding that look, this is going to have to be phased out in order to really avoid that panic? reporter: good morning, paula. so there s a few things here. it was an ad-lib moment from the president during this inauguration speech because we

BBCNEWS Verified Live June 4, 2024 16:39:00

have any invested heavily in the women s workup, look at how well they have done and pt are also debutantes in this tournament so a big one for seven teams in this workup. big one for seven teams in this worku -. . ~ big one for seven teams in this worku -. ., «2 i. ., big one for seven teams in this worku. . ~ ,, ., ., let s take you to nigeria now. there have been massive queues outside of petrol stations in the city of lagos, a as newly inaugurated president bola tinubu announced the end of fuel subsidies. nigeria is one of the world s most oil rich countries and swaps crude worth billions of dollars for gasoline that it then subsidises for its domestic market, causing a huge drain on revenue and contributing to the country s debt. after the president s announcement, some petrol stations have more than doubled their prices while others have suspended sales altogether. russia has been accused of multiple war crimes since it invaded ukraine but it was allegations of the illegal de

BBCNEWS BBC News Now June 4, 2024 11:23:00

haven t had anything from the companies in the last three or four weeks and we remain open to talks. thank you very much forjoining us from bradford. nato will send more soldiers to kosovo after peacekeeping soldiers there were hurt in clashes with protesters. the conflict began when ethnic albanian mayors took over in several towns where ethnic serbs are in the majority after serbs boycotted local elections. dozens of kosovan serb protesters gathered in front of zvecan s municipal building this morning to demand the removal of the elected mayor, an ethnic albanian, from office. nato s secretary generaljens stoltenberg condemned the violence. let s take you to nigeria now. there have been massive queues outside of petrol stations in the country s capital, lagos, a as newly inaugurated president bola tinubu announced the end of fuel subsidies.

BBCNEWS Newsday June 4, 2024 22:15:00

there have been long waits outside fuel stations in the city of lagos, after the newly inaugurated president bola tinubu announced the end of fuel subsidies. nigeria is one of the world s most oil rich countries. it exchanges crude oil worth billions of dollars for gasoline that it then subsidises for its domestic market. this causes a huge drain on revenue and contributes to the country s debt. after the president s announcement, some fuel stations have more than doubled their prices while others have suspended sales altogether. we are having some technical difficulties but will give you a rehash now of this story.

BBCNEWS Newsday June 4, 2024 23:14:00

by ai. professor yoshua bengeo has certain thoughts. t by ai. professor yoshua bengeo has certain thoughts. has certain thoughts. i feel like what has certain thoughts. i feel like what used has certain thoughts. i feel like what used to has certain thoughts. i feel like what used to be - has certain thoughts. i feel| like what used to be simple what gave meaning to life was clear, isn t any more. in those cases, you know you have to keep going, you have to engage, discuss, encourage others to think with you. society, we need to think together about what other best options without leaving the other dangers. irate leaving the other dangers. we are auoin leaving the other dangers. we are going to nigeria now would. there s been long waits outside fuel stations in lagos while the newly in the city of lagos, after the newly inaugurated president bola tinubu announced the end of fuel subsidies. nigeria is one of the world s

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