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Fuel Subsidy Removal Pushes 63% of Nigerians into Poverty, Study Reveals

By The Insight Team March 13, 2026 225

mostbet mostbet az mostbet mostbet az mostbet pin up mostbet mostbet By Emmanuel Kwada A new independent study has revealed that Nigeria’s national poverty rate surged to approximately 63% in the immediate aftermath of the federal government’s removal of petrol subsidies in 2023, underscoring the profound short-term welfare costs of the country’s bold economic reforms. The findings, presented by Dr. Mohammed Shuaibu, a Continue Reading

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Weekly Roundup: Tinubu Orders Food Price Reduction, Ex-NNPCL Boss in EFCC Net, 166 Lives Lost to Insecurity, Crashes, Floods, Others

By The Insight Team September 12, 2025 531

By The Insight Team Nigeria’s week in review reveals a harrowing toll: President Tinubu orders swift measures to curb soaring food prices amid economic strain, a former NNPCL boss, Mele Kyari, was arrested by the EFCC over refinery probe, and over 166 lives claimed by rampant insecurity, deadly accidents, devastating floods. Senator Natasha stays suspended, […]Continue Reading

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Tinubu’s 12 long and short leap in first year

By The Insight Team June 17, 2024 913

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Nigeria’s fuel price hike syndrome and Tinubu’s reign of pains

By The Insight Team August 8, 2023 797

  …Experts speak on price dynamics, way out as Nigerians groan By Clement Adeyi Key points Pains of fuel subsidy removal outweigh the gains High costs of goods and services soaring Nigerians groan, ask Tinubu to find urgent solutions Expert speak on poor chances of price reduction, tip CNG as way out Tinubu’s fresh palliatives […]Continue Reading

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Tinubu addresses Nigerians on economic challenges

By The Insight Team August 2, 2023 601

  …promises to reposition economy, end hardship By Clement Adeyi Key points Fuel subsidy subsists to facilitate infrastructual development Immediate reduction ofthe burden imposed by current economic situation Federal Government synergy with states and local governments to implement interventions to cushion economic pains Strengthening the manufacturing sector Continue Reading

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Oil Subsidy and Economic Growth: What does Economic Theory tell us?

By The Insight Team April 7, 2021 967

By Professor Abdelrasaq Na-Allah  In the nearly two and half centuries of economists’ attempts to understand the dynamics of growth the perspective inspired by free-market ideology is seminal and up till now represents the most enduring contribution to the field. It first emerged in the 18th century through the works of Adam Smith and later […]Continue Reading