Nigeria’s fuel subsidy not helping the poor — World Bank

It is been advised by the world bank for countries such as Nigeria that spend heavily on fossil fuel subsidy to reform their policies in other to achieve a circular economy (which is an economic system that minimizes waste and maximizes resources). It’s been said that enough evidence supporting the fact that resources have been wasted and heavily depleted have given cause to an increase in the greenhouse gases emitted. During the conference, the vice-president of sustainable development advised that the African leaders should see this as a threat to global climate and standard of living.