RESTORING FUEL SUBSIDY WILL REVERSE NIGERIA’S ECONOMIC GAINS

THISDAYLIVE | 24-08-2026 04:12am |

Mohammed Idris argues that restoring fuel subsidies would reverse Nigeria's economic gains. He notes that in 2022, Nigeria spent about $10 billion on subsidies, which the World Bank warned could have been used for education, healthcare, and infrastructure. The article highlights the benefits of subsidy removal, including savings that have been redirected to development projects.

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