Fuel Subsidy Reform in Nigeria: The Concerns and Panaceas.

Abstract

Fuel subsidy had been part of Nigerian economy for a long time until 29^th May, 2023 when the current government of President Bola Ahmed Tinubu brought it to an end through the process initiated by immediate past government of Muhammadu Buhari. Arguably, this development has significant implications on every sector of the country. Drawing on this perspective, this paper aims to interrogate various underexplored concerns around the reform. The paper utilized literature review-based method driven by content analysis. The major implication of this study is that the understanding of the reform and related issues will be deepened which will in turn result to informed policy recommendations among others.