Why we must remove the subsidy on petrol prices, By Uddin Ifeanyi

Ifeanyi Uddin writes about the challenges facing the Nigerian economy.

Ifeanyi Uddin writes about the challenges facing the Nigerian economy.

The removal of the subsidy on the pump-station price of petrol will have a strong (adverse immediately and positive eventually) effect on the economy. By raising prices across sectors, it could even bring on a political crisis over cost of living conditions that are already irksome. It will hurt lower income segments of the population […]

The post Why we must remove the subsidy on petrol prices, By Uddin Ifeanyi appeared first on Premium Times Nigeria.



source https://www.premiumtimesng.com/opinion/596052-why-we-must-remove-the-subsidy-on-petrol-prices-by-uddin-ifeanyi.html

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