Fuel Subsidy: If Nigerians Want It Back, Who Will Pay?

I doubt Nigeria can restore fuel subsidy without finding a sustainable way to fund it. The UK and US support public programmes through taxes, though their systems differ. If Nigeria wants to expand subsidies or other social support, the cost would have to be covered by higher taxes, borrowing or cuts elsewhere. I question whether the country’s current tax revenue and compliance levels could sustain that spending.

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