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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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EU Warns of Rising Foreign Information Manipulation

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EU Warns of Rising Foreign Information Manipulation

By: Michael Mike

The European Union has warned that the surge in foreign information manipulation and disinformation poses a growing threat to Nigeria’s democracy, media integrity, and public trust.

The warning was issued on Monday in Abuja during a one-day capacity-building workshop on Foreign Information Manipulation and Interference (FIMI) organised for members of the Diplomatic Correspondents Association of Nigeria (DICAN).

Delivering the opening remarks, the EU Ambassador to Nigeria and ECOWAS, Gautier Mignot said false or misleading information—whether generated for political influence, commercial benefit, or malicious deception—has become one of the most destabilising forces shaping public discourse globally.

He added that the consequences are particularly severe when disinformation is deliberately designed to deceive and then disseminated to unsuspecting citizens.

He noted that the media remains a pillar of democratic society, and any erosion of its credibility directly threatens governance and social stability. “When people lose faith in such a critical institution, democracy is at risk, and society itself becomes gravely endangered,” he warned.

Mignot stressed that journalists sit at a high-risk intersection within the information chain because they decide what reaches the public. For this reason, he said, they often become primary targets of manipulation campaigns. Once the media is misled, he explained, the entire society becomes vulnerable to deception.

He highlighted the dual role that both journalists and diplomats share in preserving credibility. “If we want to remain reliable, we must ensure that the information we disseminate is accurate,” he added.

The envoy while stating that emerging technologies have made communication faster and more accessible, however warned that they have also created sophisticated tools capable of falsifying or recreating realities with ease.

He noted that deepfakes, doctored videos, manipulated images, and AI-generated content now circulate with a level of authenticity that makes them difficult to distinguish from legitimate information.

He referenced a 2024 report by the European Parliament showing that 85% of people globally are worried about disinformation’s impact on their societies, while 87% believe it has already distorted political life.

Mignot noted that Nigeria faces similar challenges. Citing a 2020 Centre for Democracy and Development report, he said disinformation in the country has grown to unprecedented levels, aggravating existing ethnic and religious divisions. With information now spreading rapidly across text, audio, memes, images, and videos, the nation’s traditional “rumour mill” has gained powerful new tools.

The EU outlined a range of interventions designed to strengthen media literacy and counter disinformation in Nigeria and across West Africa. These include monitoring disinformation campaigns, especially those targeting elections, and enhancing media literacy through nationwide training programmes.

Earlier this year, the EU facilitated fact-checking training for members of the Nigerian Guild of Editors in Lagos and continued to support Nigeria’s leading fact-checking platforms, including Dubawa. It has also sponsored Nigerian journalists to attend advanced trainings in Europe, including missions to conflict areas such as Ukraine.

Mignot reaffirmed the bloc’s commitment to partnering with civil society organisations, media institutions, and youth groups to reinforce public access to credible information.

Mignot revealed that revealed that members of DICAN were chosen for the workshop, as they play a crucial role in interpreting foreign information for domestic audiences. Their reporting on international affairs, including EU activities in Nigeria, places them at a critical junction between global narratives and national understanding.

He acknowledged DICAN’s demonstrated interest in combating disinformation, recalling the association’s earlier engagement with the Ministry of Foreign Affairs in July.

The EU cautioned that organised disinformation campaigns in West Africa—including those that glamorise anti-democratic actors—continue to erode peace and stability in the region. Nigeria, he said, must remain vigilant against efforts to distort public perception or undermine the credibility of democratic leadership.

The workshop aims to equip journalists with tools to recognise and counter foreign information manipulation, strengthen newsroom verification processes, and improve the resilience of the Nigerian media space.

EU Warns of Rising Foreign Information Manipulation

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Bandits in veils attack Tudun-Fulani community, shoot woman in failed abduction attempt

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Bandits in veils attack Tudun-Fulani community, shoot woman in failed abduction attempt

By: Zagazola Makama

A group of armed bandits and insurgents, disguised in veils, attacked Tudun-Fulani village near Bangi in Niger State, shooting and injuring a woman during an attempted abduction, the police said on Monday.

Zagazola report that the incident occurred on Nov. 29 at about 10 p.m. when about six armed men stormed the community and targeted one Hadiza Alh. Mande, who attempted to flee for safety. The attackers shot her as she tried to escape.

A combined team of policemen and vigilantes was immediately mobilised to the scene. The victim was rushed to the General Hospital, Bangi, where she is responding to treatment.

The attackers fled before the arrival of security personnel. The police said frantic efforts are ongoing to track down the suspects and bring them to justice.

The authorities urged residents to remain vigilant and promptly report suspicious movements to security agencies to support ongoing counter-banditry operations in the area.

Bandits in veils attack Tudun-Fulani community, shoot woman in failed abduction attempt

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Violent clash in Sabon-Titi area of Tunga Minna leaves one dead, several arrested

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Violent clash in Sabon-Titi area of Tunga Minna leaves one dead, several arrested

By: Zagazola Makama

A violent confrontation among rival youths in Sabon-Titi area of Tunga, Minna, Niger State, resulted in the death of one person and the arrest of several others, security sources confirmed on Saturday.

According to sources, on Friday at about 8:00 p.m., a group of youths armed with dangerous weapons were sighted causing havoc along David Mark Road. Security operatives quickly intervened and dispersed the group.

However, at about 1:00 a.m. on Saturday, the same group engaged in a violent clash among themselves using matchets and daggers. Twelve suspects, including Ibrahim Musa, Abbah Hussaini, Babangida Gambo, and Abubakar Bala, were arrested, by the police and their weapons recovered.

Later at about 8:30 a.m., Bello Mohammed of Farm Centre, Tunga Minna, was found lying in a pool of blood. He was rushed to General Hospital Minna but was confirmed dead on arrival.

Sources said that preliminary investigations indicate that the deceased was among the suspected thugs terrorizing residents in the area.

Violent clash in Sabon-Titi area of Tunga Minna leaves one dead, several arrested

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