On fuel subsidy removal: What was Sanusi Lamido Sanusi thinking? [Opinion]

By Jide Olatunbode I’m largely apolitical. I believe that in a democracy, the people deserve the kind of government they get. I also believe that in an argument, especially one where both sides are largely intellectuals, it would be foolhardy to blindly pitch camp with any side. Truth is, given certain facts, people have a […]

Subsidy Quotes: “Nigeria is not an oil rich country. We are an oil producing country. ” – Sanusi Lamido Sanusi

Here is a statement recently made by Nigeria’s Central Bank Governor, Mr. Sanusi Lamido Sanusi. Do you agree with him? “Nigeria is not an oil rich country. We are an oil producing country. Nigeria produces two million barrels per day, with a population of 167million people, Saudi Arabia produces eight million barrels per day with […]

Fuel subsidy: How to Retain Subsidy Without Corruption [Opinion]

By Ayo Abiola That subsidy is a result of acute leadership failure is not in doubt.  That subsidy helps keep imported petrol prices low is not in question.  That subsidy payment is an avenue for the blood-sucking cabals to steal the nation’s wealth is not a secret. Central Bank of Nigeria’s Governor, Lamido Sanusi has […]

Beyond the Fuel Subsidy: Conversations the Government and the NLC should be having

By Ayodeji Jeremiah (1) Despite strong economic growths in the past 5 years, our government is broke because there is extreme wastage on recurrent expenditure. Our government is too big and extremely expensive to maintain. Our National Assembly consumes a huge amount of our budget. The president, governors and local government chairmen and their assistants […]

Fuel subsidy removal: Jonathan launches first phase of mass transit scheme with 110 buses

Abuja, Jan. 9, 2012 (NAN) President Goodluck Jonathan has launched the first phase of mass transit support scheme involving 110 buses, in fulfillment of his promise on palliatives for the fuel subsidy removal. In his remarks during the launching in Abuja on Sunday, Jonathan said besides ameliorating the suffering of commuters, the scheme would help […]

Fuel subsidy removal: Nigeria’s Finance Minister speaks to Al Jazeera

Nigeria’s Finance Minister & Co-ordinating Minister for the Economy, Dr. Ngozi Okonjo Iweala recently spoke to Al Jazeera on the issue of fuel subsidy removal in Nigeria. Check out the video below. What do you think about her recent comments? See also “We didn’t promise April date to remove fuel subsidy” – Okonjo Iweala