Another Subsidy





  •  Fuel Subsidy removal, real or imaginary is ravaging our land. Today, another subsidy in a strategic part of the economy has come to town and it is Electricity subsidy.

The subsidy is intended to stop power distribution companies from hiking tariffs.

Make no mistake about it. Soon we will be hearing stories of how it is not real. How this and that went wrong.

We are full of drama, except that the amount is about N1.6 trillion. 

This is the latest subsidy in town. Before long World bank will start advising Nigeria not to waste resources by subsidizing power supply.

Then our opinion leaders will join and one day, electricity tariff will be hiked.

Misery will multiply and stories will start flying on how the wrong people were getting the subsidy and how the removal will reduce corruption and boost the economy. 

The bottom line will be further marginalization of the poor and expectant citizens of our troubled land.

Comments

  1. JudonJanuary 18, 2024 at 10:38 AM

    Our politicians and drama is 5&6 , only God can set us free from the hand of this current set of politicians.

    ReplyDelete
  2. IykeJanuary 18, 2024 at 4:20 PM

    Whatever Drama the Politicians are playing or whatever Policy they tend to put in place, is a demonic strategy to benefit them now and in the future; but never in the interest of the masses..

    ReplyDelete

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