Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Tinubu Reappoints Marwa As NDLEA Chairman
    • Senate Moves To Ban Child Soldiers As Armed Forces Bill Passes Second Reading
    • ‘We Must Respect Our Armed Forces’, Ex-Senate President Lawan Tells Wike
    • Why Nigeria Cannot Produce Vaccines – Minister
    • NOUN VC, Peters Bags ICDE 2025 Global Prize For Excellence
    • Why Is The Promise Of 60 Years Unravelling? – By Azu Ishiekwene
    • FULL TEXT: Gombe Governor 2026 Budget Proposal Speech
    • DR Congo Beat Cameroon 1-0 To Set Up W’Cup Play-Off Final With Nigeria
    Facebook X (Twitter) Instagram
    NEWS POINT NIGERIANEWS POINT NIGERIA
    UBA 720X90
    • HOME
    • NEWS

      Tinubu Reappoints Marwa As NDLEA Chairman

      November 14, 2025

      Senate Moves To Ban Child Soldiers As Armed Forces Bill Passes Second Reading

      November 14, 2025

      ‘We Must Respect Our Armed Forces’, Ex-Senate President Lawan Tells Wike

      November 14, 2025

      Why Nigeria Cannot Produce Vaccines – Minister

      November 14, 2025

      NOUN VC, Peters Bags ICDE 2025 Global Prize For Excellence

      November 14, 2025
    • COLUMN

      Why Is The Promise Of 60 Years Unravelling? – By Azu Ishiekwene

      November 14, 2025

      America And The Parable Of A Now-Disgraced Country – By Dr Hassan Gimba

      November 10, 2025

      Trump’s Threat As A Wake Up Call – By Kazeem Akintunde

      November 10, 2025

      ‘Why Nigeria Needs More Universities, After All’ (4) – By Martins Oloja

      November 10, 2025

      Before You Agree To That Abortion – By Funke Egbemode

      November 9, 2025
    • EDUCATION

      FG Names Prof. Adamu Acting Vice-Chancellor To Steer UniAbuja For Three Months

      August 9, 2025

      13 Countries Offering Free Or Low-Cost PhD Programmes For Non-Citizens

      January 25, 2025

      NECO: Abia, Imo Top Performing States In Two Years, Katsina, Zamfara Come Last

      October 3, 2024

      NBTE Accredits 17 Programmes At Federal Polytechnic Kabo

      August 20, 2024

      15 Most Expensive Universities In Nigeria

      May 19, 2024
    • INTERNATIONAL

      Israeli Attack On Gaza Mosque Draws International Condemnation

      November 14, 2025

      Donald Trump’s Disapproval Rating Jumps From 52 To 58 Percent – Poll

      November 14, 2025

      US Knew Israeli Officials Discussed Use Of Human Shields In Gaza – Report Reveals

      November 13, 2025

      ‘Epstein Alleged Trump ‘Knew About The Girls’ In Private Emails’, Says Democrats

      November 13, 2025

      ‘You Can Do Anything’: Israeli War Crimes In Gaza Aired In UK Documentary

      November 12, 2025
    • JUDICIARY

      FULL LIST: Judicial Council Recommends Appointment Of 11 Supreme Court Justices

      December 6, 2023

      Supreme Court: Judicial Council Screens 22 Nominees, Candidates Face DSS, Others

      November 29, 2023

      FULL LIST: Judicial Commission Nominates 22 Justices For Elevation To Supreme Court

      November 16, 2023

      Seven Key Issues Resolved By Seven Supreme Court Judges

      October 26, 2023

      FULL LIST: CJN To Swear In Falana’s Wife, 57 Others As SANs November 27

      October 12, 2023
    • POLITICS

      What Peter Obi May Lose If He Joins Coalition As VP Candidate

      May 25, 2025

      Atiku Moves To Unseat Wike’s Damagum As PDP Chairman, Backs Suswam As Replacement

      April 15, 2024

      Edo’s Senator Matthew Uroghide, Others Defect To APC

      April 13, 2024

      Finally, Wike Opens Up On Rift With Peter Odili

      April 2, 2024

      El-Rufa’i’s Debt Burden: APC Suspends Women Leader For Criticising Kaduna Gov

      March 31, 2024
    • SPORTS

      DR Congo Beat Cameroon 1-0 To Set Up W’Cup Play-Off Final With Nigeria

      November 14, 2025

      Ronaldo Sent Off As Republic Of Ireland Beat Portugal 2-0

      November 14, 2025

      Bonus Crisis Over, Super Eagles Unite, Set Sights On Gabon Showdown

      November 13, 2025

      ‘Why I Don’t Feel Pressure Of Being Ronaldinho’s Son’

      November 13, 2025

      Super Eagles Boycott Training Ahead Of World Cup Play-Off Over Unpaid Bonuses

      November 12, 2025
    • MORE
      • AFRICA
      • ANALYSIS
      • BUSINESS
      • ENTERTAINMENT
      • FEATURED
      • LENS SPEAK
      • INFO – TECH
      • INTERVIEW
      • NIGERIA DECIDES
      • OPINION
      • Personality Profile
      • Picture of the month
      • Science
      • Special Project
      • Videos
      • Weekend Sports
    NEWS POINT NIGERIANEWS POINT NIGERIA
    UBA 720X90
    Home - Fuel Subsidy: A Legacy Of Inefficiency, Inequality

    Fuel Subsidy: A Legacy Of Inefficiency, Inequality

    By News Point NigeriaJune 3, 2023
    0000000000000000000000000000000000000000000000000000000000000000000000000000000000 1

    By Aliyu Samba

    BORNO PATRIOTS

    FOR years, the fuel subsidy system in Nigeria has been plagued by corruption, mismanagement, and inefficiency. The intended purpose of the subsidy, to alleviate the burden on the masses, has been overshadowed by the reality that it often favors the ruling class. This systemic flaw has perpetuated a cycle of inequality, hindering our nation’s progress.

    During his inauguration speech on May 29th, 2023, President Tinubu made a bold statement by declaring his government’s commitment to ending fuel subsidy. He rightly emphasized that this step is necessary to ensure fairness and equity, channeling resources towards sectors that benefit all Nigerians, especially the most vulnerable segments of our society.

    UBA

    Undoubtedly, the immediate increase in fuel prices has resulted in hardship for Nigerians across the country. However, we must look beyond the temporary difficulties and focus on the bigger picture. The removal of fuel subsidy represents a transformative opportunity to build a more transparent, accountable, and equitable system.

    By eliminating fuel subsidy, the government can free up substantial resources that were previously misallocated. These savings can then be redirected toward critical sectors such as education, healthcare, infrastructure, and social welfare programs. This shift will have a direct and lasting positive impact on the lives of Nigerians, fostering inclusive growth and development.

    As supporters of President Tinubu and believers in his vision and a renewed hope for a better Nigeria, it is our duty to stand behind this reform. While it may require adjustments and additional measures to ease the burden on citizens, we must not lose sight of the ultimate goal: a more equitable society where resources are allocated efficiently and transparently.

    Now, more than ever, we need to engage in constructive dialogue with policymakers, lending our voices to the ongoing reform process. By offering suggestions, expressing concerns, and advocating for efficient implementation strategies, we can ensure that the impact of this reform is maximized while mitigating its short-term challenges.

    Happy Birthday

    The decision to remove fuel subsidy represents a pivotal moment in Nigeria’s history. President Tinubu’s commitment to equitable development is commendable, as he recognizes the inherent flaws in the existing system. While the initial price increase may have brought hardship, let us focus on the long-term benefits that this reform can bring to our nation. Together, we can create a stronger, fairer Nigeria for ourselves and future generations.

    Tinubu2023 #FuelSubsidyRemoval #EquitableDevelopment #NigeriaRising

    Nigerian TAX Reform - Federal Goverment

    Aliyu Samba,

    Concerned Citizen of Nigeria.

    Rano Capital

    National Orientation Agency Page UP
    National Orientation Agency - Down

    Fuel Subsidy Opinion
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email

    Related Posts

    On Babachir’s Reckless Call For US Intervention In Nigeria – By Umar D. Duhu, LLM, PhD

    November 12, 2025

    The Trump Challenge And A Call For Patriotic Voices – By Tunde Rahman

    November 10, 2025

    Gombe’s Little Efforts That Count – By Shu’aibu Usman Leman

    November 9, 2025

    Trump’s Guns-Blazing Threat Against Nigeria – By Ali Abubakar Sadiq

    November 6, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    Tinubu Reappoints Marwa As NDLEA Chairman

    November 14, 2025

    Senate Moves To Ban Child Soldiers As Armed Forces Bill Passes Second Reading

    November 14, 2025

    ‘We Must Respect Our Armed Forces’, Ex-Senate President Lawan Tells Wike

    November 14, 2025

    Why Nigeria Cannot Produce Vaccines – Minister

    November 14, 2025

    NOUN VC, Peters Bags ICDE 2025 Global Prize For Excellence

    November 14, 2025
    Advertisement
    WIDGET ADS
    News Point NG
    © 2025 NEWS POINT NIGERIA Developed by ENGRMKS & CO.
    • Home
    • About us
    • Disclaimer
    • Our Advert Rates
    • Privacy Policy
    • Terms of Use

    Type above and press Enter to search. Press Esc to cancel.

    Join Us On WhatsApp