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FUEL SUBSIDY AND PRICE CONTROL- SOLUTION TO ECONOMIC HARDSHIP IN NIGERIA
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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Abduction of Fulani woman, Aisha Goma heightens fear of attacks in Kaduna community
Abduction of Fulani woman, Aisha Goma heightens fear of attacks in Kaduna community
By: Zagazola Makama
The abduction of a married Fulani woman, Aisha Goma, in Chikun Local Government Area of Kaduna State has sparked fresh fear and anxiety among residents of the area.
Sources told Zagazola Makama that the victim was abducted from her home at about 11:00 p.m. on Friday, Jan. 17, while her husband was away.
According to the sources, the attackers, suspected to be armed bandits, besieged the residence and forcefully took the woman to an unknown location.
The sources said that the assailants are believed to be former members of the Kamilu group, who have been operating around the axis in the past,” a source said.
The sources added that as of the time of filing this report, no contact had been made by the abductors and no ransom demand had been communicated to the family.
Zagazola reports that the incident has heightened tension in the area, with many residents expressing fear over a surge in abductions targeting members of the Fulani community in recent weeks.
“For more than a week now, people have been living in fear. Families are moving out in large numbers, especially those living around the Olam Company axis,” another community source said.
According to him, some residents have relocated to safer parts of Soba Local Government Area, while others have fled to villages in neighbouring Kwara State to escape the growing insecurity.
Abduction of Fulani woman, Aisha Goma heightens fear of attacks in Kaduna community
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Gunmen retaliate after rustling of 102 cows, kill one, injure two in Barkin Ladi in Plateau
Gunmen retaliate after rustling of 102 cows, kill one, injure two in Barkin Ladi in Plateau
By: Zagazola Makama
One person was killed and two others injured when gunmen attacked Kasuwa Denkeli village in Barkin Ladi Local Government Area (LGA) of Plateau State in the early hours of Saturday, in a retaliatory strike linked to the recent rustling of 102 cows in neighbouring Riyom LGA.
The attack, which occurred at about 2:30 a.m., came days after armed men drove away 102 cows from Dan Sokoto, Ganawuri District of Riyom LGA, heightening tensions across the Barkin Ladi–Riyom–Jos South axis.
Residents of Kasuwa Denkeli told Zagazola Makama that the assailants stormed the community and opened fire on houses, leaving one person dead on the spot and two others with gunshot injuries. The injured were evacuated to the Jos University Teaching Hospital for medical attention, while the body of the deceased was deposited at the General Hospital morgue in Barkin Ladi for autopsy.
Police sources who confirmed the incident said “On receipt of a distress call, a team led by the Divisional Police Officer (DPO) Barkin Medical immediately moved to the scene.
He added that the two injured victims were rushed to the Jos University Teaching Hospital for medical attention, while the corpse of the deceased was deposited at the General Hospital morgue in Barkin Ladi for autopsy.
According to the police , investigation into the incident has commenced, and efforts are ongoing to track down and arrest the perpetrators, while they urged residents to remain calm and continue to cooperate with security agencies by providing timely and useful information that could lead to the arrest of those responsible.
Zagazola report that Saturday’s incident is the latest in a chain of incidents that began on Wednesday, Jan. 14, when no fewer than 102 cows were rustled at about 11:00 a.m. in Dan Sokoto, Ganawuri District of Riyom LGA. Local sources said the attackers, identified by witnesses as Berom militia from the Vom District in Jos South LGA, stormed the area and drove away the cattle at gunpoint.
The cattle reportedly belong to Alhaji Nalado of Gargari, around Tashan Nashanan, and Malam Ango of Sabon Kaura, around Kudadu, both in Jos East LGA, although the animals were taken from Ganawuri in Riyom LGA.
Witnesses said the attackers were heavily armed, forcing herders to flee for their lives. As of the time of this report, none of the cattle had been recovered, despite security alerts. Residents also alleged that areas such as Vwang in Jos South and parts of Fan District in Barkin Ladi LGA are increasingly seen as “no-go” zones where rustled cattle are kept, complicating recovery efforts.
The Ganawuri rustling was not an isolated incident. It followed a series of attacks on livestock across Plateau State this month. At least seven cows were poisoned in Kwi village in Riyom LGA, while three others were shot dead around Kuru Gadabiyu in Barkin Ladi LGA near the Bicichi axis. Each incidents had deepens mistrust and raises the risk of reprisals in flashpoints already on edge.
The pattern of escalation has been consistent. On Jan. 6, coordinated attacks on Jol community in Riyom LGA and Gero in Gyel District of Jos South LGA left three people dead. The violence followed the shooting of two Fulani youths earlier that day in Jos South, one of whom later died. Witnesses described the ambush as unprovoked, triggering swift retaliation and counter-retaliation.
December 2025 also saw a surge in incidents. On Dec. 12, more than 130 cattle were reportedly rustled in Nding community. Around the same period, livestock poisoning was recorded in parts of Jos East and Riyom LGAs. These were followed by deadly clashes, including the killing of four children in Dorong village, Barkin Ladi LGA, and attacks on Gero village that resulted in deaths, injuries and loss of livestock.
On Dec. 16, 2025, an attack on an illegal mining site in Tosho community, Barkin Ladi LGA, left 12 miners dead and others abducted, with security sources linking the violence to earlier rustling of 171 castles belonging to the Fulani. In Plateau State, attacks on livestock often act as a spark that ignites wider communal violence.
For pastoral families, cattle are not just animals; they are livelihoods, savings and identity. When herds are stolen, poisoned or shot, families are pushed into desperation. Emotions escalate quickly, and reprisals follow.
Zagazola has repeatedly warned that unless attacks in across Barkin Ladi, Riyom and Jos South LGAs, on both lives and livelihoods are addressed impartially, the state risks remaining trapped in a cycle where each attacks becomes justification for the next
Gunmen retaliate after rustling of 102 cows, kill one, injure two in Barkin Ladi in Plateau
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Nigeria Condoles Southern African Nations Hit by Deadly Floods
Nigeria Condoles Southern African Nations Hit by Deadly Floods
By: Michael Mike
The Federal Government has expressed deep sympathy with South Africa, Mozambique, and Zimbabwe following devastating floods that have killed over one hundred people and displaced thousands across parts of Southern Africa.
In a statement issued in Abuja on Sunday by the Spokesperson of the Ministry of Foreign Affairs, Kimiebi Ebienfa, the Nigerian government described the disaster as heartbreaking and extended condolences to the affected governments and their citizens.
The statement noted that weeks of heavy rainfall had caused rivers to overflow, destroyed critical infrastructure such as roads and bridges, and disrupted farming activities and essential services.
It also highlighted concerns about secondary humanitarian crises, including hunger, possible disease outbreaks, and increased risks to vulnerable groups such as women, children, and the elderly.
Nigeria commended the efforts of national authorities, regional bodies, and international organisations currently engaged in rescue operations, relief distribution, and evacuation of affected communities. The government praised the resilience of the affected countries as they work toward recovery and rebuilding.
The Federal Government also warned that extreme weather events linked to climate change are becoming more frequent across Africa. It called for stronger regional collaboration, improved early-warning systems, and better climate adaptation measures to reduce future disaster risks.
Nigeria reaffirmed its readiness to cooperate with the affected nations through bilateral, regional, and multilateral channels to support disaster management, humanitarian assistance, and climate resilience initiatives.
It assured the governments and people of South Africa, Mozambique, Zimbabwe, and other impacted countries that Nigeria stands in solidarity with them during this difficult period.
Nigeria Condoles Southern African Nations Hit by Deadly Floods
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