The new mago-mago meant that the government was paying one trillion Naira a year to maintain the fiction of subsidy removal. That the subsidy has now jumped to N720 billion in less than one month, points to the fact that the opaque administration subsidy regime is a riddle wrapped in confusion. Arguments over the fuel subsidy removal have a long history. xThe fuel subsidy is a mess. The fuel subsidy argument should not be a permanent shadow that follows all federal administrations.

Source: The Guardian April 16, 2021 03:34 UTC