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USD/NGN 1,321.98 ▾0.1%GBP/NGN 1,787.13 ▾0.1%USD/NGN black market ₦1,400GBP/NGN black market ₦1,900
USD/NGN 1,321.98 ▾0.1%GBP/NGN 1,787.13 ▾0.1%USD/NGN black market ₦1,400GBP/NGN black market ₦1,900

Beyond the rule of 70: Why subsidy should never crawl back into Nigeria’s economic discourse, By Gboyega Nasir Isiaka

…reversing the removal of the subsidy would be a step in the wrong direction. It would restore the fiscal burden, revive the price differential that encouraged smuggling and arbitrage, and weaken incentives for…

Aggregated · originally by Premium Times
7 Sept 2026, 11:15 WAT · 3 min read
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Beyond the rule of 70: Why subsidy should never crawl back into Nigeria’s economic discourse, By Gboyega Nasir Isiaka

…reversing the removal of the subsidy would be a step in the wrong direction. It would restore the fiscal burden, revive the price differential that encouraged smuggling and arbitrage, and weaken incentives for…