About this document
Impact of Fuel Subsidy Removal in Nigeria by Akindele Akinola is a document available to read on EtoBox.
The document discusses fuel subsidies in Nigeria and the potential impacts of removing them. It notes that Nigeria currently spends over $8 billion per year on fuel subsidies, accounting for 25% of its budget. Removing subsidies could increase fuel prices significantly from current levels. While this would reduce consumption and government spending, it may also negatively impact consumers and businesses in the short term through higher costs. The document examines arguments around removing subsidies and mit
- Author
- Akindele Akinola
- Language
- EN