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FUEL SUBSIDY AND PRICE CONTROL- SOLUTION TO ECONOMIC HARDSHIP IN NIGERIA

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FUEL SUBSIDY AND PRICE CONTROL- SOLUTION TO ECONOMIC HARDSHIP IN NIGERIA

By: Victor Emejuiwe

No sane government should watch its citizens suffer untold hardship and live in poverty. The primary responsibility of government is to protect the life’s and to secure the welfare of the people. President Ahmed Bola Tinubu spontaneously announced the removal of fuel subsidy on the day of its inauguration without considering the attendant consequences of such a decision. In fairness to the removal, the amount of money claimed to be payment of subsidy in Nigeria was quite humongous from N300 billion during the Good Luck Jonathan administration in 2012, to N2.7 trillion in 2022. However, beyond the doubt as to the authenticity of the real value paid on subsidy, the secrecy and corruption associated with the entire subsidy regime was very un-palatable. It was as a result of this, that many Nigerians canvassed for the removal of subsidy. Nevertheless, there are some other school of thought who believes that the government was not sincere on its own part due to the lack of transparency and accountability in petrol consumption and subsidy payment. Also, even where several reports indicting subsidy saboteurs were released, the federal government did nothing to investigate and prosecute those who were accused of corruptly enriching themselves from the subsidy payments. Therefore, the payment of subsidy on its own was not the problem but the willingness of government to come clean with its transaction on subsidy payment and muster the political will to pervert corruption amongst the stakeholders was the major problem. The view on re-introduction of subsidy becomes necessary given the fact that payment of subsidy is a common global practice by governments all over the world. It is taken to ameliorate hardship faced by majority of citizens in the purchase of very expensive commodities. In this case, Nigeria being a mono-economy driven by sales of crude oil, has made the price of every other commodities reflective in the rise or fall in the price of crude oil. The subsidy regime cushioned a lot of hardship amongst Nigerian in the past and with its removal today, Nigerians have not been able to recover from the effect, as we can witness the continuous increase in the prices of all commodities in Nigeria. Most workers do not report to work on a daily basis, some business closed shops and the general standard of living has reduced. Couple with this fact, is government inactiveness in controlling the hike in the prices of locally produced commodities. The lack of a price stabilization and mechanization control which was hitherto implemented in the 70’s have made it possible for middle men to determine the prices of commodities in the market. The practice of the middle men is to acquire these goods from the dealers and hoard them so as to create scarcity and speculate a market price before they sell, with wide profit margin. If government enforce the price control Act as ordered recently by the federal high court on goods and commodities that are locally produced in Nigeria, the hoarders and speculators would run out of business and food items and other commodities would be available at the normal rate. The lack of a price control mechanism is what led to the failure of most government policies on agriculture. It is so unfortunate that the past government of President Muhammed Buhari, made efforts to encourage local production of food commodities such as rice and even provided subsidies to farmers to embark on local rice production, but instead of having the price of rice reduced, it rather led to more than 200 percent increase in the price of rice. Rice which was sold for N9600 before the ban on imported rice, skyrocket to N19,800, at a point, it rose to N36,000 and the government could not do anything to stop the hike. Under this present administration, a bag of rice sells for N77,000. It is an anomaly for government to provide incentives to local producers of commodities and at the same time, do not have control of the market price.
In light of the above, in the interim, the Federal Government should re-introduce subsidy on petrol and diesel under a more transparent regime and deal with saboteurs who divert the products to other countries and in the long run, the Federal government should get our refineries working at optimum capacity so that any attempt to remove subsidy on petrol and diesel will not have much impact on the price on petrol. Also, a list of commodities and items produced locally should be established and the market price should be determined under a price control, stabilization and mechanization regime. The government should enforce the laws and policy on price control. Finally, for resource mobilization, the government should stop oil theft so that more resources can be generated from crude oil and this would help us pay for the subsidy on petrol and also pay for the functionality of our refineries.

*Victor Emejuiwe
Monitoring and Evaluation/Strategic Communication Manager
Centre for Social Justice.
Abuja
08068262366

FUEL SUBSIDY AND PRICE CONTROL- SOLUTION TO ECONOMIC HARDSHIP IN NIGERIA

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Army troops rescue 11 kidnapped victims in Kaduna

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Army troops rescue 11 kidnapped victims in Kaduna

By: Zagazola Makama

Troops of 1 Division of the Nigerian Army have rescued 11 kidnapped victims in Kachia Local Government Area of Kaduna State following a coordinated operation along the Kaduna–Abuja road axis.

Security sources told Zagazola Makama that the rescue was carried out late on Jan. 26 after troops deployed at a Forward Operating Base (FOB) in Doka, after sighted armed terrorists moving with captives along a bush track between Gidan Duna and Amale in Kachia LGA.

According to the sources, the troops immediately mobilised and pursued the suspects.

“On sighting the approaching security vehicles and motorcycles, the terrorists abandoned the victims and fled into the surrounding bush.

The troops secured the victims and fired probing shots in the general area, but no further contact was made,” the sources said.

The sources added that a total of 11 victims were rescued, comprising five adult males, three females and three children.

The rescued persons reportedly told the troops that they were kidnapped from Gada Mallam Maman community in Kachia LGA on Oct. 26, 2025.

The victims were subsequently conveyed back to their community and reunited with their families.

Security operations and patrols have been intensified in the area to prevent further attacks and track down the fleeing suspects, the sources said.

Army troops rescue 11 kidnapped victims in Kaduna

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The Borno State Government to Repatriate over 3,000 Refugees from Cameroon after 11 Years

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The Borno State Government to Repatriate over 3,000 Refugees from Cameroon after 11 Years

By: Our Reporter

Borno State Government has finalised arrangements for the voluntary repatriation of more than 3,000 Nigerian refugees from Cameroon republic to their ancestral homes after 11 years.

This is in fulfillment of Borno State Governor, Professor Babagana Umara Zulum’s commitment to repatriate and resettle all Nigerian refugees from Borno who are sheltering in neighboring Chad, Cameroon and Niger republics.

The operation is being conducted with the support of the National Commission for Refugees, Migrants and Internally Displaced Persons.

Chairman Borno State Sub-Committee on Repatriation and member of the Presidential Committee on Repatriation, Engineer Lawan Abba Wakilbe, on Monday met with a Government delegation from Cameroon’s Far North Region and officials of the United Nations High Commissioner for Refugees (UNHCR) at the Minawao Refugee Camp in Maroua.

The purpose of the meeting was to finalise logistical and other arrangements to ensure the refugees’ safe and dignified return.

During a visit to the camp in December 2025, Governor Zulum assured refugees willing to return that they would do so in a safe and dignified manner, marking a new chapter for families displaced by insurgency over 11 years ago.

The refugees, predominantly from communities in central and southern Borno, fled to Cameroon more than 11 years ago during the peak of the insurgency, which devastated villages, displaced families, and disrupted socio-economic life across the North-East.

During their stay, Cameroonian authorities and humanitarian partners provided shelter, healthcare, education, and other essential services. Many refugees were also allocated farmland to support agricultural activities, reducing aid dependency and allowing them to sustain their families with dignity.

With improved security in several parts of Borno and ongoing state-led reconstruction efforts, many refugees have expressed their readiness to return home voluntarily.

The Borno State Government has already provided buses and other logistical support for the movement of the refugees while the National Commission for Refugees will oversee and coordinate the repatriation mission in collaboration with Cameroonian authorities and humanitarian agencies.

“This is the fourth phase, which began in 2020. The process is going on smoothly in accordance with the tripartite and technical working group agreements,” Engr. Wakilbe stated.

“His Excellency, Governor Zulum, was here on 8 December 2025 and made commitments. As soon as they return home, all commitments will be fulfilled,” he assured.

In a related development, Engineer Wakilbe led a high-level delegation to the office of the Governor of Cameroon’s Far North Region, Midjiyawa Bakari.

During their meeting, Governor Bakari commended the Borno State Government for sustaining the longstanding and cordial bilateral relationship, noting that cooperation between the two countries has been instrumental in ensuring the protection, welfare, and orderly return of displaced persons across the border.
End

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Three soldiers killed in IED attack near Niamey, says Niger army sources

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Three soldiers killed in IED attack near Niamey, says Niger army sources

By: Zagazola Makama

At least three Nigerien soldiers were killed and 10 others injured on Sunday after an army patrol vehicle hit an improvised explosive device (IED) in Bartchawal, Tillabéri Region, about 20 kilometres from the capital, Niamey.

Sources said that the incident occurred late in the day along the Niamey–Filingué road axis when the patrol was returning from routine operations in the area.

According to the sources, the IED detonated as the military convoy passed, killing three soldiers on the spot and injuring 10 others, who were evacuated to medical facilities in Niamey for treatment.

The attack was later claimed by the Jama’at Nasr al-Islam wal Muslimin (JNIM), a jihadist group affiliated with Al-Qaeda, in a statement released on Monday.

“This is the first attack claimed by JNIM in this area so close to the capital,” the sources noted.

They added that the Nigerien Armed Forces had reinforced security along the Niamey–Filingué corridor, with additional patrols and surveillance measures deployed to prevent further attacks and reassure residents.

Tillabéri Region, in western Niger, has in recent years faced persistent security challenges linked to insurgent activities spilling over from the tri-border area of Niger, Mali and Burkina Faso.

Three soldiers killed in IED attack near Niamey, says Niger army sources

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