Nigeria’s fuel subsidy removal was too sudden: why a gradual approach would have been better
Nigeria’s fuel subsidy removal was too sudden: why a gradual approach would have been better: Nigeria removed fuel subsidies entirely in May 2023. This came as a surprise because of the political risks associated with subsidy removal. Previous administrations were reluctant to jettison the subsidies. The subsidies had been in place since the 1970s, when …
