Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Zamfara Governor Defects To APC 24 Hours After NEWS POINT NIGERIA Report
    • Dangote Refinery Raises Petrol Price To ₦1,175 For Fourth Time In One Week
    • Sule Lamido Wins As Appeal Court Affirms Order Against Disputed PDP Convention
    • El-Rufai Faults ICPC Over Egypt Property Claims
    • NELFUND Disburses Over ₦206bn In Loans To 1.16 Million Students
    • Over ₦1.5bn Registration Charges Paid To CBT Centres For 2026 UTME, JAMB Says
    • Rivers Assembly Clears Five Fubara’s Commissioner-Nominees, Rejects Four
    • Debt Burden Deepens As Nigeria Spends ₦3.9tn More On Servicing Than Capital Projects
    Facebook X (Twitter) Instagram
    NEWS POINT NIGERIANEWS POINT NIGERIA
    • HOME
    • NEWS

      Zamfara Governor Defects To APC 24 Hours After NEWS POINT NIGERIA Report

      March 9, 2026

      Dangote Refinery Raises Petrol Price To ₦1,175 For Fourth Time In One Week

      March 9, 2026

      Sule Lamido Wins As Appeal Court Affirms Order Against Disputed PDP Convention

      March 9, 2026

      El-Rufai Faults ICPC Over Egypt Property Claims

      March 9, 2026

      NELFUND Disburses Over ₦206bn In Loans To 1.16 Million Students

      March 9, 2026
    • COLUMN

      The Tell-Tale Signs Of Political Violence Before It Explodes – By Dr Dakuku Peterside

      March 9, 2026

      The Implications Of The US-Israeli-Iranian War On Nigerians – By Kazeem Akintunde

      March 9, 2026

      Leah Sharibu: Forgotten In The Wilderness! – By Martins Oloja

      March 9, 2026

      Aliko Dangote Skills Center: A Multi-Million Empowerment Project Left To Rot – By Hafsat Salisu Kabara

      March 9, 2026

      Time To Rejig The Cabinet – By Jonathan Nda-Isaiah

      March 7, 2026
    • 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

      Two Killed In Saudi Arabia As Iranian ‘Missile’ Hits Residential Building

      March 9, 2026

      Trump Vows Control Over Iran Leaders As US Troop Death Toll Rises To Seven

      March 9, 2026

      Iran Names Khamenei’s Son, Mojtaba As New Supreme Leader

      March 8, 2026

      Israel Kills Father, Daughter In Gaza As Genocide Continues Amid Wider War

      March 8, 2026

      Iranian Body To Choose Next Supreme Leader Within 24 Hours

      March 8, 2026
    • 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

      Barcelona Eye Osimhen As Galatasaray President Insists ‘No Release Clause’

      March 9, 2026

      Relief As Tanzania Club Clears Eagles’ Goalkeeper Obasogie Of Match-Fixing

      March 9, 2026

      ‘Remain Calm’, Dikko Confident Nigeria Can Overturn DR Congo FIFA World Cup Playoff Spot

      March 8, 2026

      Eze Scores Winner As Arsenal Avoid FA Cup Scare At Mansfield Town

      March 8, 2026

      CAF Seeks New Hosts After 2026 WAFCON Disappointment

      March 7, 2026
    • 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
    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

    RAMADAN KAREEM

    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.

    Silk

    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.

    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.

    National Orientation Agency - Down

    National Orientation Agency Page UP
    Fuel Subsidy Opinion
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email

    Related Posts

    Honouring The Elderly, Securing The Future in Jigawa State – By Lamara Garba Azare

    March 9, 2026

    Tunji Disu, Oyedele: Revving Up The Governance Engine – By Tunde Rahman

    March 9, 2026

    Poverty Of Inept Intellectual Generalisation, Evasion And Distortion Of The University Of Abuja Crisis: A Reply To Professor Toba Alabi – By Saliu N Omeiza, PhD

    March 7, 2026

    From Congress To Comeback: Kano’s Political Reawakening – By Lamara Garba Azare

    March 6, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    Zamfara Governor Defects To APC 24 Hours After NEWS POINT NIGERIA Report

    March 9, 2026

    Dangote Refinery Raises Petrol Price To ₦1,175 For Fourth Time In One Week

    March 9, 2026

    Sule Lamido Wins As Appeal Court Affirms Order Against Disputed PDP Convention

    March 9, 2026

    El-Rufai Faults ICPC Over Egypt Property Claims

    March 9, 2026

    NELFUND Disburses Over ₦206bn In Loans To 1.16 Million Students

    March 9, 2026
    Advertisement
    News Point NG
    © 2026 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