Consequently, fuel subsidy in Nigeria, specifically subsidy on premium motor spirit (PMS) commonly called petrol, has generated diverse and unresolved controversies for many years. Fuel subsidy testAs an economist, I have written and advocated for the removal of petrol subsidy for so many reasons. should be honestly committed to helping the poor and vulnerable to cushion the adverse effects of petrol subsidy removal. To consolidate the gains from petrol subsidy removal, locally assembled or manufactured vehicles should be purchased for mass transit programmes. Doing this in the context of petrol subsidy removal is needful to pass the fuel subsidy test.

Source: Nigerian Tribune August 17, 2023 08:57 UTC