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Thailand’s Lottery Office Tops State Revenue for Tenth Year

BANGKOK – For the tenth year in a row, the Government Lottery Office (GLO) has proven to be a financial powerhouse. This year, the GLO handed over a massive 47,388 million baht to the national government. This amazing figure makes the lottery the highest-earning state enterprise once again. Overall, state enterprises sent a combined total […] The post Thailand’s Lottery Office Tops State Revenue…

Thailand’s Lottery Office Tops State Revenue for Tenth Year

We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.

Read the original at chiangraitimes.com →

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NIGERIA AND POLITICS OF FUEL SUBSIDY REMOVAL

I can recall the Petroleum Trust Fund (PTF), established in the aftermath of the 1993 fuel-price increase, when the price of petrol rose from about N3.50 to N8.50 per litre.

  • Fuel subsidy removal has been political issue in Nigeria for decades.
  • SURE-P program aimed to reinvest fuel subsidy funds in infrastructure.
  • Lack of transparency in fiscal space created by subsidy removal.

UNLOCKING THE FULL POTENTIAL

OLAKUNLE AKINMOSA argues why Dangote’s ‘thank-you’ to Tinubu matters On Monday, September, 14, when Africa’s richest man, Aliko Dangote, publicly thanked President Bola Ahmed Tinubu for removing fuel…

  • President Bola Tinubu removes fuel subsidies, reforms foreign exchange system
  • Aliko Dangote praises Tinubu for bold economic steps
  • Dangote Refinery, Africa's largest IPO, symbolizes Nigeria's economic transformation

More from Saturday 19 September →