Jeffrey Sachs

I Regret Supporting Subsidy Removal, Says UN Adviser

JAKARTA/INDONESIA, 13JUN11 - Jeffrey D. Sachs,...

More details are emerging about how the Goodluck Jonathan Presidency misled international figures and experts into endorsing its now controversial removal of subsidy on petrol which initially saw the price per liter rising to N141 with the resulting labour strike and street protests.

One of such international figures is the Special Adviser to UN secretary General on MDG, Professor Jeffery Sachs, an American professor of economics, who visited President Jonathan after the removal of fuel subsidy and was reported to have praised the decision as a good move.

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