An Ifa Perspective on Why Nigeria Should Not Restore PMS Subsidy

Using an Ifa allegory, the writer compares fuel subsidy to a husband who eats freely at his wife’s successful restaurant until the business can no longer grow. The argument is that Nigeria’s PMS subsidy also benefits fuel consumers beyond its borders, while diverting public funds from education, infrastructure and other investments that could support production and improve living standards. The writer urges motorists who cannot afford fuel to consider public transport and calls for higher wages rather than a return to subsidy. The writer also argues that subsidy schemes have historically created opportunities for corruption and misuse of public funds.

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