For several years, I have consistently maintained the position that the fuel subsidy had to go. This once beneficial measure had outlived its usefulness. The subsidy cost us trillions of Naira yearly. Such a vast sum of money would have been better spent on public transportation, healthcare, schools, housing and even national security. Instead, it was being funnelled into the deep pockets and lavish bank accounts of a select group of individuals.
Trending
- Insecurity: Niger govt restricts night transport
- NITDA to begin startup consultations on April 28
- Sokoto govt vows to tackle water scarcity
- Pharmaceutical giant, Roche to invest $50bn in U.S.
- FG earned ₦6.9bn mining fees in Q1 2025 — Dele Alake
- Algeria drops French, adopts English as university language
- Pope Francis died of stroke – Vatican
- US to impose new duties on solar imports from Southeast Asia