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Nigeria's Fuel Subsidy Removal The Implications
Posted
June 7, 2023
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June 7, 2023
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13:38Now PlayingPresident Bola Tinubu during his inaugural speech declared an end to fuel subsidy as it is no longer provided for in this year's budget.
Following the pronouncement, pump price of petrol increased across the country. This has left Nigerians worried as the cost of food and transportation soars.
Gist Nigeria takes a look at what government's short term and long term plans are towards the funds that would be saved from subsidy and what Nigerians could do in the interim to mitigate the effects of the fuel subsidy removal.
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