President Bola Tinubu’s removal of fuel subsidy during his inaugural speech on 29 May is a steely resolve well made. But it has set the alarm bells ringing. The decision sits well with the World Bank, IMF and technocrats who had engaged in long advocacy for it; but not so for the downtrodden, who see only the painful effects that go with it. Evidently, it is a well-calculated policy that pulls Nigeria from the precipice of bankruptcy; and ends the rogue regime of subsidy…
Read the full article here
