NIGERIA SOCIO-POLITICAL DISCOURSES Series on Setting the Captive Minds Free - Chapter One. Written by KEMKA S. IBEJI
Chapter 1: The Satanic Sermon of Subsidies Removal and the Exorcism Underway. There's no dearth of accolades as each day we keep reading and hearing the praise singers of Bola Ahmed Tinubu and the APC loudly saying that nobody else has the guts to remove the subsidy if not Bola Ahmed Tinubu. In fact, some of their campaign allusions these days is that if Tinubu is defeated and ousted as the president of Nigeria in the 2027 Presidential Election, the next president of Nigeria will return subsidy. The subsidies being talked about here are; 1. Subsidy for Premium Motor Spirit (PMS), popularly known as fuel or petrol. 2. Subsidy for Foreign Exchange otherwise known as FOREX. To put our discussion in the right perspective, it will be fine to clearly explain what subsidy means. So the first question, therefore, is; what is subsidy? Economically, subsidy is a financial benefit provided by a government or organization to individuals, businesses, or institutions. Designed...