Policy Weekly Why is Fuel Subsidy Removal Hurting Many Nigerians?Examining Six Ways to Reduce the Pains by soluwajobi July 26, 2023 written by soluwajobi July 26, 2023 90 Fuel subsidy ended in Nigeria when on 29th May 2023, the newly sworn-in President, Bola Ahmed Tinubu, subtly announced the end of subsidy by thanking the outgoing administration of Muhammadu Buhari for not including subsidy in the budget. In accordance with this statement, fuel prices tripled immediately, and by the third week of July, fuel prices went up by a further 15% to ₦617 (US$0.78) a litre. Previous administrations since 1999 made efforts to put an end to the fuel subsidy regime in Nigeria but were met with stiff resistance by the masses, sometimes supported and led by a section of elites in the opposition political parties. This edition of Nextier SPD Policy Weekly x-rays the impact of fuel subsidy removal and provides actionable recommendations on policy, institutional and strategic interventions for mitigating the pains of subsidy removal. Click here to download report 0 comment 0 FacebookTwitterPinterestEmail soluwajobi previous post Cultism: A Reoccurring Threat next post MONTHLY NIGERIA VIOLENT CONFLICT BULLETIN You may also like Youth Bulge, Governance and Security in Post-conflict Sierra... July 3, 2024 No Face, No Case: The Realities of Gender-sensitive... June 28, 2024 Strengthening Humanitarian Response in Post-Conflict Communities in Nigeria:... June 21, 2024 Crude Oil Theft and Illegal Refining in Nigeria:... June 13, 2024 Crude Oil Theft and Illegal Refining in Nigeria:... June 5, 2024 Navigating Autonomy in Nigeria’s LGAs: Challenges and Opportunities May 31, 2024 Rethinking Youth Engagement in Peacebuilding May 24, 2024 Strengthening Enablers of Peace and Security in the... May 17, 2024 Towards a Paradigm Shift in Conflict Management in... May 7, 2024 Redefining Slum Dwellers: Insights into Nigeria’s Urban Challenges... April 24, 2024