Tag: Subsidy

Petrol Subsidy: Before We Strike

Petrol Subsidy: Before We Strike

For decades, organized labour has served as a bulwark for the common person. Labour unions via friendly negotiations and unfriendly negotiations forced by strike threats and actual strikes have changed government position one time too many. However, that an entity is called a labour union does not mean that every decision would ultimately benefit the masses. Here is a situation where I think Nigeria’s organized labour is making a mistake. Continue reading “Petrol Subsidy: Before We Strike”

There Was a Subsidy

There Was a Subsidy

The Nigerian political sphere is characterized by intrigues and bizarre plots. In most of these political plots, the plight of the common Nigerian is hardly considered. It’s all about politics. One man removed petroleum subsidy, and fled back after intense opposition. Another claimed subsidy did not exist, yet paid huge sums as subsidy. Mr. Thomas has now seen the light. He now agrees that there was a subsidy. Continue reading “There Was a Subsidy”

May We Finally See

Nigerians started the year 2012 with a rude gift from the federal government. The President Jonathan-led administration had abolished the regime of petroleum subsidies, triggering a huge leap in pump prices. What followed was a series of protests that finally forced the government to backtrack, howbeit, not completely. The events of Jonathan’s final week in government show that despite the arguments and reservations about the subsidy policy, one thing is certain—it is not helping Nigerians. Continue reading “May We Finally See”