Fuel Subsidy Removal: A Tricky Policy Response to Win 2023 By Dr Nasir Aminu
Last week, the Group Managing Director (GMD) of the Nigerian National Petroleum Company (NNPC) announced that fuel subsidy would end by February 2022. He added that the pump price of fuel would range between N320 and N340 per litre – more than twice the current price. Nigeria has been subsidising fuel since the 1970s to ensure Nigerians buy petroleum products…
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