Playing the fuel: reforming Nigeria’s subsidies

About this episode

<p>Large fuel subsidies in Nigeria are popular but <a href="https://www.economist.com/leaders/2024/09/11/nigerias-catastrophic-fuel-crisis-has-a-straightforward-solution?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">ruinous to other public services</a>. Our correspondents report from Lagos on how home-grown oil refining could help wean people off this popular premium. Texas was once a haven for crypto-mining; now many <a href="https://www.economist.com/united-states/2024/08/27/why-texas-republicans-are-souring-on-crypto?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">people are souring</a> on it (11:06). And the terrifying rise of <a href="https://www.economist.com/asia/2024/09/05/why-indonesias-horror-films-are-booming?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">Indonesian horror films</a> (17.05).</p><br><p><em>Listen to what matters most, from global politics and business to science and technology—</em><a href="https://subscribenow.economist.com/podcasts-plus" rel="noopener noreferrer" target="_blank"><em>Subscribe to Economist Podcasts+</em></a></p><br><p><em>For more information about how to access Economist Podcasts+, please visit our </em><a href="https://myaccount.economist.com/s/article/What-is-Economist-Podcasts" rel="noopener noreferrer" target="_blank"><em>FAQs page</em></a><em> or watch </em><a href="https://www.youtube.com/watch?v=Gczo71bg1uY" rel="noopener noreferrer" target="_blank"><em>our video</em></a><em> explaining how to link your account.</em></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>