Once again, the media space has been dominated by the unending controversy on the issue of fuel subsidy. Top government officials have always been lamenting that fuel subsidy is a major waste and a drain on the economy without addressing the root cause of the matter. While making a case for the abolition of subsidy, Sanusi did not say anything on what led to the continuous importation of fuel and what brought about fuel subsidy. Now, how did we get here and what are the implications of the proposed removal of fuel subsidy? When this happens, fuel subsidy will fizzle out and the current brouhaha as well as hullabaloo on subsidy will die down.

Source: Nigerian Tribune December 02, 2021 23:22 UTC