The economic, social consequences of Tinubu’s subsidy removal (II)

Daily Trust | 01-09-2026 05:50am |

President Bola Tinubu's removal of fuel subsidy in May 2023 was announced without prior consultation with the National Assembly or other stakeholders. The decision was made in his inaugural speech before the cabinet and legislature were inaugurated. In contrast, former military president Ibrahim Babangida consulted widely before implementing the Structural Adjustment Programme in 1986. The article discusses the economic and social consequences of the subsidy removal, highlighting the lack of consultation as a key issue.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.