Nigeria has long subsidized fuel for its citizens. The cost of the subsidy is high, and economists and the international financial institutions have argued for many years that it significantly ...

Seeking to create jobs and help their local economies climb out of the pandemic recession, state and local officials are raising the ante on subsidies to big corporations. But if history is any guide, ...

Construction of Tesla’s battery plant and Cybertruck factory in Austin, Texas. Kansas lawmakers recently approved offering $1.3 billion to a mystery corporation for the company to build a new ...

We are stuck in a sort of arms race. Every year the pile of billions states and local communities offer for economic development subsidies gets bigger, as local leaders try to stand out from the pack, ...

Jigawa State Governor, Umar Namadi, has praised President Bola Tinubu’s decision to remove fuel subsidies, emphasizing its ...

Nigeria is grappling with its worst cost of living crisis in nearly 30 years – and President Bola Tinubu, who was praised as a “renewer of hope” just last year, is partially responsible. With deepened ...