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Can Nigeria kill the fuel subsidy?

With nearly 5,000% increase in expenditure on petrol import subsidy, IMF and World Bank call for funds for education and health sectors

Energy and Transport

Transport sector is the largest user of oil – nearly half of the total consumption, and is poised to make India’s oil security even more precarious. Asian Development Bank projects that the total fuel consumption of on-road vehicles in India in 2035 can be six times over that of 2005 level. Explosive growth in personal vehicles and steady shift of freight transport from railways to roadways will incite ravenous appetite for energy.


Avert the great guzzle

The oil price surge has caught the market watchers and media agog. Expert viewswar on price insulation, energy security and our vulnerability.