Kunle Afolayan says rising diesel prices are putting immense pressure on his creative hub, KAP Village. He calls for support to expand renewable energy infrastructure in...
Subsidy in itself is not a bad policy. Many countries around the world still support their citizens through various forms of energy subsidy. Indonesia maintains government-controlled...
So when another tanker overturns and crowds rush in, the real failure is collective. Government has failed to enforce safety standards and provide economic relief. Regulators...
Despite these challenges, an outright removal of the fuel subsidy without adequate safeguards could worsen poverty and hardship. Therefore, any reform must be carefully managed, with...
A humane reform process ensures that no policy, however noble, becomes a burden too heavy for its people to bear. The reversal of the 15 percent...
Nigeria’s fuel subsidy removal marks a bold departure from decades of policy status-quo, and it may indeed be economically necessary. But the speed and scale of...
As I mentioned last year, the economic reforms implemented by the government are grounded in proven economic theories that promote market efficiency and the optimal use...
Until then, we will continue to queue, to shuffle, to sigh, and to laugh at the absurdity of it all. For in Nigeria, the queue is...
The recent removal of the fuel subsidy by the Nigerian government has sent shockwaves through the nation, deeply affecting the daily lives of millions of Nigerians....
In yet another blow to an already beleaguered populace, the Nigerian National Petroleum Corporation Limited (NNPCL) has again announced an increase in petrol prices. For a...