Tag: #FuelCrisis
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UN WARNS CUBA AT RISK OF HUMANITARIAN “COLLAPSE” AS OIL DRIES UP
As fuel shortages bite and prices soar, the UN says Cuba could be pushed to the brink without urgent action. The United Nations has warned that Cuba could face a humanitarian “collapse” if the island’s oil needs aren’t met, as widening restrictions and threats to block fuel supplies intensify its crisis. UN Secretary‑General António Guterres,…
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FG REMOVES CNG SUBSIDIES
The Nigerian government has pulled the plug on subsidies for Compressed Natural Gas (CNG), nearly doubling prices and stirring frustration nationwide. After pushing CNG as a cheaper fuel alternative—with tax breaks, credit facilities, and major infrastructure moves—the recent subsidy cuts are hitting converted vehicle owners hard. Motorists now face higher costs and long queues at…
