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Fuel subsidy has long been a significant financial burden on the Nigerian government. | @BabajideFadoju
The subsidies, intended to stabilize fuel prices for consumers, have resulted in immense fiscal strain due to the increasing costs associated with importation, distribution,
The subsidies, intended to stabilize fuel prices for consumers, have resulted in immense fiscal strain due to the increasing costs associated with importation, distribution,
and maintenance of the subsidy program.
To make it worse and hurting, some
Of the the subsidized oil have found their way to neighboring countries … at the expense of you and I..
To make it worse and hurting, some
Of the the subsidized oil have found their way to neighboring countries … at the expense of you and I..
The funds allocated to fuel subsidies could instead be utilized for crucial developmental projects, such as infrastructure improvement, education, healthcare, and poverty alleviation, fostering sustainable economic growth.
The numbers speak for themselves literally, See for yourselves in the images attached.
The time to #KickSubsidyOut was years ago … The time to #SaveOurEconomy is now
May Nigeria Succeed
The time to #KickSubsidyOut was years ago … The time to #SaveOurEconomy is now
May Nigeria Succeed
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