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The many positives of subsidy removal | @BabajideFadoju
By removing fuel subsidies, Nigeria will create a more conducive environment for private sector investment in the petroleum industry.
By removing fuel subsidies, Nigeria will create a more conducive environment for private sector investment in the petroleum industry.
The removal would enable market forces to determine fuel prices, promoting competition and attracting domestic and foreign investors. Increased private sector participation can lead to enhanced efficiency, technological advancements,
and job creation, ultimately contributing to the country's economic diversification and prosperity.
The NMDPRA will opretationalize the strategic reserve that will help reduce the shortage of products that can occur in the interim and lead to price increases in the short term.
The NMDPRA will opretationalize the strategic reserve that will help reduce the shortage of products that can occur in the interim and lead to price increases in the short term.
