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Clean Energy For Cleaner Earth

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The modern world in the 21st century needs to jellyroll its old ways and practices that have caused environmental degradation, pollution, global warming, ozone layer depletion, culminating in climate change. These ways and practices include greenhouse gases emissions, deforestation which is common in the Third World, air pollution from fossil fuels, desertification, etc; hence the need to embrace cleaner fuel, cleaner energy and cleaner environment.
The earth is witnessing more natural disasters now than at any period of time occasioned by human factors and natural effects. Deforestation, caused by tree felling without replacement for the purpose of cooking or energy source which is still rampant in developing countries. There is also the melting of glaciers caused by increase in temperature that swells the volume of oceans and seas around the world. Heat wave is now in a greater magnitude in Europe, the Americas and North Africa as recent reports show than at any other time. It also includes the Tsunamis of 2011, especially the one that hit Japan and other Islands in Asia, and the Fikushima nuclear disaster with so devastating effect.
The world should not forget in a hurry Hurricane Katrina of 2005 that caused unimaginable catastrophe to the people of USA. There had been some other disasters like typhoons and cyclones affecting the United States and Central America. Only recently, there were wildfires in Canada, the United States and parts of Europe, including Australia. Wildfires also devastated the Amazon forest in Brazil some years ago.
This year, countries like Germany, Belgium and parts of the Netherlands experienced heavy flooding with the water (flood) level reaching very high levels and causing terrible devastation to homes, business, schools, power lines and communication facilities. Also, there has been unusual torrential rainfall coupled with thunder storm/rainstorm leaving in its wake massive destruction of homes and livelihoods in Africa and Asia, particularly South East Asia, West Africa and Latin American countries.
The green house gases emissions which is most common in the advanced countries of the northern hemisphere sometimes described as high income nations, have contributed a lot to ozone layer depletion and global warming. And they are not doing much to cut back emissions level as agreed in the protocols adopted at the World Climate Convention of 1992 in Rio de Janeiro, Brazil, the Kyoto Climate Convention in Japan and other such conventions.
Declining green vegetation and inadequate forest resource in most of our urban and rural settlements due to urbanisation and massive construction of roads, buildings, dams and power stations and other harmful human activities as deforestation for different purposes have all contributed in no small measure to cause global warming and environmental degradation.
In this millennium, governments all over the world and humans have done much harm to the environment and the ecosystem than any other. Also to be blamed is the global dependence and use of fossil fuel for running industries, machines and automobiles and to power homes and factories. Added to the above factor is the reluctance or unwillingness of governments to take a more pragmatic approach and action against harmful acts and practices that degrade the environment and pollute the air, atmosphere thereby contributing to ozone layer depletion and climate change.
Worthy of mention is the action of the President Barak Obama’s administration of the United States, who took a hard stand and came on heavily on the oil giants British Petroleum (BP) when they polluted the Gulf of Mexico from their negligence. He ordered them to clean up the environment, pay compensation for the damage and to stop all of their operations.
Our ecosystem, marine life, the wetlands, seas, oceans and rivers, the animals, insects, birds, microbes and micro-organisms, including the green vegetation would thrive well and better with cleaner environment. Any wonder, the new paradigm is cleaner fuels, cleaner energy and cleaner environment. This new modern technology that has been embraced and put in use by some advanced countries of the world includes wind energy, solar energy and gas-powered energy, nuclear energy etc.
The cleaner energy and cleaner fuels (also known as renewable energy) have come to stay and have done so much good to mitigate climate change, ozone layer depletion and global warming. This renewable energy is the energy for the future and the right way for the world to go. Environmental friendliness and respect for the rights of the environment will guarantee cleaner and healthier air/atmosphere with a safer and better ecosystem. Also, the bio-diversity will be preserved.
Also in parts of the world or countries that enjoy sunshine for some parts of the year. This solar energy is clean, safe, convenient, very reliable and environmentally friendly; likewise the wind energy, which is derived from windmills driven by the force of the wind and generates power by the force that drives the turbines to produce electricity. You can have many windmills in a location called wind farm, and their combined force can power a large town or city. Again this energy is clean, convenient, reliable safe and environmentally friendly.
Similarly, nuclear energy which is got from uranium can be used to generate electricity by a nuclear reactor that can power large towns, cities and industries. To generate electricity for peaceful purpose not for military purpose and you would need to get approval from the International Energy Agency (IEA). It is also a clean, reliable, convenient and environmentally friendly mode of generating electricity.
Ayooso is a public affairs analyst
Of course, stories like this are not strange in our society where cultism and gangsterism is now the order of the day. Many of our young ones, particularly the young men have become thugs, kidnappers, terrorists, rapists, drug addicts, bullies and all that. And as each day passes, you wonder what the future holds for Nigeria with this crop of people.
This challenge was the main topic for discussion at a youth training programme recently. The parents, guests and speakers were perturbed that our young men and boys are going astray. A good number of them have become internet fraudsters, many are out of school, some have become a big problem unto the country, making our villages and towns very insecure and difficult to dwell in. From the presentations and contributions, it was obvious that many of our young men have issues and need help. And the big question was, who will save our boys?
I particularly liked the perspective of one of the guest speakers, a psychologist, to the issue. He heaped the bulk of the blame on the society, families and parents. According to him, generations of the male children both in Nigeria and elsewhere have been raised to suppress their emotions. They are brought up to believe that being a male, they are not supposed to let out their emotions even when they are hurting. He said phrases like “be a man; men don’t cry; why are you behaving like a woman?’’ and many others depict that being a male, you are supposed to behave like a superhuman, you are discouraged from sharing your feelings with anyone.
The implication, according to him, is that with such mentality, many men have no option than to express their emotion through anger or other unruly behavior. At any little provocation the person is ready to bring down the roof. Some do not mind inflicting injuries on others or even killing as it was in the case of Kunle. Just for a mere misunderstanding broken bottles and other dangerous weapons were being brandished by everyone.
The psychologist went further to point out that in a society like ours where there are high expectations from the male child, some of them are bound to get involved in all manner of crime – internet fraudster, kidnapping for money, name it. He painted a scenario where two people, a young man and a young woman will graduate from the university at the same time. The woman may immediately get married and from then going forward, her husband will be expected to cater for virtually all her needs while on the other hand, her male counterpart’s preoccupation will be how to get a job, rent a house, get married and start his own family. Not measuring up to this high expectation, some young men get frustrated and take out their frustration on people around the and the society at any given time.
He also highlighted the problem of poor parental upbringing, deteriorating family values, socio-cultural norms among other
I cannot agree more with the psychologist. Yes, criminality or defiance has no sex barrier. Both male and female are involved in the negative acts but what is the percentage of both sexes? How many females  are among the agberos in our various motor parks across the country many of who make a living from hooliganism and thuggery? What is the percentage of the female sex among the homeless almajiri children seen mostly in the northern parts of the country? Recently I saw a squalor where some teenage almajiris live and I immediately concurred with the people who say that it may take a very long time to end Boko Haram insurgency, banditry and kidnapping in the country as those are avenues for them to protest against an unfair society in addition of the semblance of family tie these street kids get from them.
Some of these motor park touts under the umbrella of NURTW who have today become a menace to the society are creations of some desperate politicians and other moneybags who allegedly have them on their pay roll and use them as private army and tools for destruction during elections. Perhaps that is the reason why the threats of proscribing the union by Lagos State law makers and a similar call by many concerned citizens across the country have never come to be.
Our leaders have capitalized on the high unemployment rate in the country to take advantage of the young ones. Many experts and researches have posited that unemployment is the root of violence in Nigeria as unemployed youths are more likely to be perpetrators as well as victims of crime.
Therefore, it is high time we began paying more attention to our boys than we currently do. Many of these boys are hurting, some are daily being abused at different places by different people even women but they can’t speak up because “they are men”. Pertinent issues concerning the girl child are constantly being brought to the lime light both locally and globally.  Currently we have the 16 days of activism against gender-based violence with the theme: Orange the world: End violence against women now and one is just imagining how good it will be for similar attention to be paid on the issues concerning the male child, especially their emotional issues by parents, family members and the larger society. I have no doubt that that will do the country a whole lot of good.

of the College to quickly absolve their students from the act that led to the eventual death of the junior student, blaming it on injury he sustained while playing football. The question many have asked is, if the kid sustained such a life threatening injury, did the school notify his parents? Did the school treat him? And what degree of treatment was given to him? Many parents that have children in boarding houses know that when a child sustains a certain level of injury or when he is suffering from certain illness, the attention of their parents is usually sought and sometimes they are asked to take their child to their family doctor for better treatment.
For the parents of some of the alleged culprits who have reportedly flown their children abroad thereby protecting them from justice and correction, it is rather a big shame. This kind of cover up is probably what they have been doing that resulted in their children now being murderers. It is in their best interest to bring those children back to answer for their crime to avoid more shameful acts from these children in years to come. If only other parents who have the habit of covering the wrongs of their children will learn from Dowen College incident.
Lizzy Ozioko,
Oroigwe.

Nigeria’s Problems Will Increase If…

The Vice-president, Prof Yemi Osinbajo, told a group that visited him in Abuja. “it is wrong” for Nigeria, which is the largest economy in Africa, to break apart. We must never relent in ensuring that we keep to the ideals of the country and we don’t lose sight of what we are trying to achieve here,”
“People who suggest that the country breaks up, whatever may be the reason for their views, are certainly not correct and we must say so to them at every turn, the unity of this country is important for all of the different ethnicities, religions, everybody. Whatever the group or ideology, unity is important for every one of us.
“If you fragment, the problems are going to multiply, poverty will multiply.”
It is always interesting hearing such beautiful sermons, particularly from our leader. And truly, Osinbajo is not wrong. Remaining as one big country has its enormous advantages. But what worries many people is that beyond these inspirational talks, our leaders are doing little or nothing to unite the citizens. The drafters of the 1999 Nigeria Constitution, knowing how heterogeneous the country is, provided for federal character which states that people from one particular region or tribe should not dominate any government establishment. Rather, people from every part of the country should be given equal opportunity to serve the nation. Is that what is obtainable in Nigeria today? Is every Nigerian treated equally or some are regarded as sacred cows while others are regarded as second class citizens?
So, our leaders should learn to walk the talk. If they want the agitation for the division of the country to stop, there should be an inclusive government where people of all tribes, regions and religions are treated equally. What accrues from the abundant resources in the country should also be used for the development of the nation.
Eric Giadom,
Bodo City.

Wike’s Award To A PhD Graduate
Please permit me to use this medium to thank our able Governor, Chief Nyesom Wike, for his show of benevolence towards a student of the Rivers State University (RSU) living with disability during the last weekend’s convocation ceremony of the institution.
For bagging a Doctor of Philosophy (PhD) degree, for not seeing his condition as a barrier to attain that height of academic excellence, the governor honoured James Daniel with N50 million and an automatic teaching appointment in the prestigious university.
Obviously, by this singular act, the governor has changed the fortune of the disabled doctor. I join other well-meaning people both within and outside the state to thank the Governor for the life changing gesture. My prayer is that God should reward him and keep him alive and strong to continue the good work he is doing for the state.
To other physically challenged persons in the state, Dr Daniel should be a source of inspiration to you all. If this young man should come this far despite all odds, why can’t others follow in his footsteps? This same goes for other able bodied men and women in the state who instead of struggling to develop themselves, take to kidnapping, cultism and other manner of crime. It’s time for them to have a rethink.
Amanda Tokini,
RSU, Port Harcourt.

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A Renewing Optimism For Naira

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Quote:”……in 2024 alone, Nigeria imported N14.14 trillion worth of goods from China, compared to China’s N3 trillion imports from Nigeria.”
Nigeria’s national currency, the Naira, is creating a new buzz as it sets on rising trends following years of astronomical slides in the recent past. Just within a few months ago, naira’s trajectory charted almost a straight course, strengthening from N1,636.71/$ on April 10, 2025, to N1,465.68/$ on October 2, 2025. But financial analysts appear divided over the future fate of the local legal tender.While analysts like the Forbes and Renaissance Capital Africa (RENCAP) deride naira’s current trends as being unsustainable, Bloomberg sees a sunnier side. However, evolving economic landscapes strongly suggest that the naira might be charting a sustainable path of resilience. For more than four decades, the naira had never experienced favourable Foreign Exchange (FX) tussles.
Suffering under skewed supply and demand tensions against foreign currencies, the value of the naira had procedurally depreciated. It got worse when, at the height of subsidized petroleum products import-dependence, subsidies got suddenly withdrawn in May 2023 as the present government took over office. Barring local production of the products, coupled with poor export earnings, demands for scarce foreign currencies surged at all FX windows as product importers competed to make overseas payments. The result was cataclysmic. The naira depreciated rapidly against the dollar, falling from N460.7/$ in May 2023 to N1,706/$ in 2024. Hardships propagated across the entire Nigerian economy in ripples of hyper-inflation as is still being felt. The initial response from the Central Bank of Nigeria (CBN) was knee-jerk and unsustainable, as the regulator kept throwing its store of foreign reserve into FX markets to quench the ensuing inferno.
 Though the naira showed buoyancy at the expense of depleting reserves, the CBN was criticized against the hopelessness and unsustainability of such artificial floats. Thankfully for the local currency, after months of fire-fighting, the CBN, aided by other lucky developments, may have stumbled unto some formulae to weather the storms. Emerging econometrics now suggest that the economy may be in recovery, and the naira appears to be charting a more optimistic course, even as the apex bank still prods it. The lower oil production data of around one million barrels per day as at May 2023, has improved to around 1.51 million barrels per day at the moment. Surely, the fight against oil thefts is rewarding the economy with surpluses unencumbered by Nigeria’s debt-mortgaged oil futures.bSecondly, a changed petroleum products sourcing landscape, berthed by new-found local refining capacity at Dangote Refinery, if not strengthening the naira, must be tipping the balance of FX pressures in its favour.
While asserting its ability to fully satisfy local demands, the Dangote Refinery also hit a remarkable milestone when it shipped its first cargo of gasoline to the United States of America last month, drawing-in huge FX. Earlier, the refiners had shipped to Asia and West Africa, in a significant shift that has transited Nigeria from being a net-importer of petroleum product, to a net-exporter. Also, improvements in the non-oil exports are increasing the inflow of foreign currencies to Nigeria. Nigerian cocoa and other agro-products especially, got higher demands as crop diseases resulted in poor crop yields in neighboring West African countries. It should be noteworthy that CBN’s experiments with Naira-Yuan trade swaps with China may not have been of much favour. Though on-going trade swap arrangements between Nigerian and China which enable some settlement in naira and yuan, may ease dollar pressures, the huge trade imbalance between Nigeria and China may replace any gains with new yuan pressures.
 According to the National Bureau of Statistics, in 2024 alone, Nigeria imported N14.14 trillion worth of goods from China, compared to China’s N3 trillion imports from Nigeria.
However, the CBN could be given credits for its bold reforms at the Foreign Exchange market that created a single Nigerian Foreign Exchange Market (NFEM) in October 2023, which replaced the former Investors’ and Exporters’ window, and later adopting the Electronic Foreign Exchange Matching System (EFEMS) in December 2024. These steps successfully narrowed the gap between official FX rates and the black market. Even as the measures may not directly detect the balance of currency demands and supplies, improved transparency and liquidity raised confidence that is boosting foreign remittances via official channels. Added to improved exports, it is evident that the extra liquidity gives spontaneous buoyancy to the naira, in ways CBN’s panicked throwing-in of dollar into FX markets could not have.
This is why, when the CBN Governor, Olayemi Cardoso, announced during the 302nd monetary policy committee meeting that, “The second quarter 2025 current account balance recorded a significant surplus of $5.28 billion compared with $2.85 billion in first quarter of 2025,” there is need for him to identify significant drivers. The CBN deserves commendation also, for incrementally growing Nigeria’s Foreign Reserve savings from $34.39 billion as at May, 2023 to $42.40 as at October 2, 2025. The strength of a nation’s reserves reflects its ability to meet international payment obligations without straining the stability of its legal tender, and also serves as part of risk assessment criteria that determines its borrowing costs. Increasing reserves is projecting greater external resilience for Nigeria, which reflects in Moody’s upgrading, this year, of Nigeria’s rating from ‘Caa1’ to ‘B3.’
With renewed investor confidence, foreign investments may be heading towards Nigeria as ripples from the Nigerian Stock Exchange (NGX) suggest. Following recent interest rate cuts in the US, foreign investors appear to be shifting appetites towards Nigerian portfolios. Improved reserve is also helping Nigeria at the Eurobond market, where the yield rates Nigeria pays on its loans, have fallen from above 8 percent in early 2024 to just over 5 percent by mid-2025. However, even as the N1,706/$ exchange rate of last year, compared to the current N1,465.68/$, may seem cheery, it is still a far cry from the N460.7/$ of May 2023, when this administration took over. Government and the CBN need to push further to shore-up greater reserves, and to build local and international assurances that attract job-creating investments for local production. Comparatively among its pairs, South Africa’s reserve is $70.42 billion, Algeria’s, $64.574 billion and Egypt’s, $49.04 billion.
Nigeria, which is being projected for a $1 trillion economy by 2050, should be focusing on $100 billion external reserves. Apart from reserves, Dangote local refining shows that local production is pivotal to the value of local currencies. Nigeria needs to improve security and infrastructure to reassure subsisting industries, and improve ease of doing business, in order to attract industries. Though Naira’s path of recovery this time is sustainable, the factors that aid it need to be sustained.
By: Joseph Nwankwor
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Don’t Kill Tam David-West

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Quote:”To erase Tam David-West Boulevard is to tell a dangerous lie about who we are. It is to pretend that we no longer remember honour, that we no longer care about the rare men who made Rivers State proud.”
There are names that do not fade with time — they endure like echoes in the hills of memory, like rivers that never dry. Tamunoemi Sokari David-West is one such name. To attempt to erase it from the map of Rivers State is to wound the spirit of remembrance itself. The deliberate removal of the steel signs that once declared Tam David-West Boulevard is no mere act of neglect — it is a betrayal of history, an unspoken attempt to silence a voice that still teaches us what integrity means. For Tam David-West was not just a man; he was a moral compass in flesh and bone. His life was a lantern held high in a country struggling to see itself clearly. From the quiet sanctums of the University of Ibadan to the volatile chambers of power in Lagos and Abuja, he walked unbent — the scholar who would not sell truth, the minister who would not mortgage his soul. To erase his name from a road in the land of his birth is to declare that virtue is no longer welcome here.
That road — the grand link between NTA road and the Port Harcourt International Airport — was named after him for a reason. It symbolized movement, progress, and passage. Tam David-West was himself a bridge: between science and service, intellect and honesty, courage and humility. To strike out that name is to tear down the bridge between our noble past and the moral future we still hope to build. When Nigeria’s oil wealth became the golden snare that trapped men’s conscience, Tam David-West stood apart. As Minister of Petroleum, he refused the seductive gifts of oil magnates; he declined privileges that came wrapped in corruption. He wore simplicity like a medal, and truth like a robe. In an age of thieves, he remained a teacher. In a field of compromises, he remained whole. Shall we now bury that lesson beneath the dust of forgetfulness? A city tells its story through its street names.
 Names are not just labels — they are memory made visible, value made public. To erase Tam David-West Boulevard is to tell a dangerous lie about who we are. It is to pretend that we no longer remember honour, that we no longer care about the rare men who made Rivers State proud. History does not forgive such silences. This quiet removal of his name is not accidental. It is the work of small minds afraid of great examples. It is an unholy attempt to kill memory because it still condemns mediocrity. But let them know — Tam David-West cannot be erased. His truth was not written on road signs alone; it is engraved on the conscience of all who ever believed that public service could be clean.He was a son of Buguma, a prince of the Kalabari Kingdom, yet he carried his royalty lightly. His true crown was knowledge; his true sceptre was conviction. As a virologist, he studied the world of unseen forces; as a statesman, he confronted the visible viruses of greed and hypocrisy.
 Even when power imprisoned him, it could not diminish him. He emerged, as always, with his dignity intact.This fight is not for a signboard. It is for remembrance — for the preservation of a moral landmark. When a people begin to uproot the monuments of their best men, they invite darkness upon their future. When we forget Tam David-West, we lose not only a name but a mirror: the reflection of what Rivers people once were — strong, principled, unbending in truth. Once upon a time, Rivers State was the cradle of conscience — the home of Okilo, Obi Wali, Ken Saro-Wiwa, Diete-Spiff, and Tam David-West. They were the pillars of our collective dignity. To erase one is to weaken the others. We cannot afford to become a generation that builds roads but destroys remembrance. A city that forgets its heroes soon forgets itself. Today, the boulevard stands in silence.
The proud steel markers have been hewn down, yet a few businesses still bear his name — small flames of resistance in the wind of revision. Their signboards still whisper, Tam David-West Boulevard, as if the very ground remembers the truth the government forgets. Perhaps the asphalt itself mourns, but it also remembers. We owe it to our children to lift his name again — not only in metal and paint, but in civic memory. Let those signs rise taller, brighter, unashamed. Let them tell every traveller on that road that once there lived a Rivers man who served with clean hands, who spoke truth to power, who never bowed to corruption. That, indeed, is the Rivers spirit — fearless, dignified, incorruptible.“Don’t kill Tam David-West!” is not only a plea; it is a command from the heart of history. It is a cry against forgetfulness. It is a reminder that integrity is the greatest heritage any people can keep.
When we defend his name, we defend our own possibility of goodness. When we erase him, we erase a piece of our own honour. So let the signs return. Let the name Tam David-West Boulevard shine once more at NTA Road and Omagwa Roundabout. Let Rivers State rise above pettiness and reclaim its conscience. For names like Tam David-West do not die — they only wait for courage to call them back. To kill Tam David-West is to kill the Rivers soul. And that, we must never do.Amieyeofori Ibim is a seasoned Journalist, political analyst and public affairs commentator.
By:  Amieyeofori Ibim
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Fuel Subsidy Removal and the Economic Implications for Nigerians

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From all indications, Nigeria possesses enough human and material resources to become a true economic powerhouse in Africa. According to the National Population Commission (NPC, 2023), the country’s population has grown steadily within the last decade, presently standing at about 220 million people—mostly young, vibrant, and innovative. Nigeria also remains the sixth-largest oil producer in the world, with enormous reserves of gas, fertile agricultural land, and human capital.

 

Yet, despite this enormous potential, the country continues to grapple with underdevelopment, poverty, unemployment, and insecurity. Recent data from the National Bureau of Statistics (NBS, 2023) show that about 129 million Nigerians currently live below the poverty line. Most families can no longer afford basic necessities, even as the government continues to project a rosy economic picture.

The Subsidy Question

The removal of fuel subsidy in 2023 by President Bola Ahmed Tinubu has been one of the most controversial policy decisions in Nigeria’s recent history. According to the president, subsidy removal was designed to reduce fiscal burden, unify the foreign exchange rate, attract investment, curb inflation, and discourage excessive government borrowing.

While these objectives are theoretically sound, the reality for ordinary Nigerians has been severe hardship. Fuel prices more than tripled, transportation costs surged, and food inflation—already high—rose above 30% (NBS, 2023). The World Bank (2023) estimates that an additional 7.1 million Nigerians were pushed into poverty after subsidy removal.

A Critical Economic View

As an economist, I argue that the problem was not subsidy removal itself—which was inevitable—but the timing, sequencing, and structural gaps in Nigeria’s implementation.

  1. Structural Miscalculation

Nigeria’s four state-owned refineries remain nonfunctional. By removing subsidies without local refining capacity, the government exposed the economy to import-price pass-through effects—where global oil price shocks translate directly into domestic inflation. This was not just a timing issue but a fundamental policy miscalculation.

  1. Neglect of Social Safety Nets

Countries like Indonesia (2005) and Ghana (2005) removed subsidies successfully only after introducing cash transfers, transport vouchers, and food subsidies for the poor (World Bank, 2005). Nigeria, however, implemented removal abruptly, shifting the fiscal burden directly onto households without protection.

  1. Failure to Secure Food and Energy Alternatives

Fuel subsidy removal amplified existing weaknesses in agriculture and energy. Instead of sequencing reforms, government left Nigerians without refinery capacity, renewable energy alternatives, or mechanized agricultural productivity—all of which could have cushioned the shock.

Political and Public Concerns

Prominent leaders have echoed these concerns. Mr. Peter Obi, the Labour Party’s 2023 presidential candidate, described the subsidy removal as “good but wrongly timed.” Atiku Abubakar of the People’s Democratic Party also faulted the government’s hasty approach. Human rights activists like Obodoekwe Stive stressed that refineries should have been made functional first, to reduce the suffering of citizens.

This is not just political rhetoric—it reflects a widespread economic reality. When inflation climbs above 30%, when purchasing power collapses, and when households cannot meet basic needs, the promise of reform becomes overshadowed by social pain.

Broader Implications

The consequences of this policy are multidimensional:

  • Inflationary Pressures – Food inflation above 30% has made nutrition unaffordable for many households.
  • Rising Poverty – 7.1 million Nigerians have been newly pushed into poverty (World Bank, 2023).
  • Middle-Class Erosion – Rising transport, rent, and healthcare costs are squeezing household incomes.
  • Debt Concerns – Despite promises, government borrowing has continued, raising sustainability questions.
  • Public Distrust – When government promises savings but citizens feel only pain, trust in leadership erodes.

In effect, subsidy removal without structural readiness has widened inequality and eroded social stability.

Missed Opportunities

Nigeria’s leaders had the chance to approach subsidy removal differently:

  • Refinery Rehabilitation – Ensuring local refining to reduce exposure to global oil price shocks.
  • Renewable Energy Investment – Diversifying energy through solar, hydro, and wind to reduce reliance on imported petroleum.
  • Agricultural Productivity – Mechanization, irrigation, and smallholder financing could have boosted food supply and stabilized prices.
  • Social Safety Nets – Conditional cash transfers, food vouchers, and transport subsidies could have protected the most vulnerable.

Instead, reform came abruptly, leaving citizens to absorb all the pain while waiting for theoretical long-term benefits.

Conclusion: Reform With a Human Face

Fuel subsidy removal was inevitable, but Nigeria’s approach has worsened hardship for millions. True reform must go beyond fiscal savings to protect citizens.

Economic policy is not judged only by its efficiency but by its humanity. A well-sequenced reform could have balanced fiscal responsibility with equity, ensuring that ordinary Nigerians were not crushed under the weight of sudden change.

Nigeria has the resources, population, and resilience to lead Africa’s economy. But leadership requires foresight. It requires policies that are inclusive, humane, and strategically sequenced.

Reform without equity is displacement of poverty, not development. If Nigeria truly seeks progress, its policies must wear a human face.

References

  • National Bureau of Statistics (NBS). (2023). Poverty and Inequality Report. Abuja.
  • National Population Commission (NPC). (2023). Population Estimates. Abuja.
  • World Bank. (2023). Nigeria Development Update. Washington, DC.
  • World Bank. (2005). Fuel Subsidy Reforms: Lessons from Indonesia and Ghana. Washington, DC.
  • OPEC. (2023). Annual Statistical Bulletin. Vienna.

 

By: Amarachi Amaugo

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