Tag Archives: Subsidy

Eliminating fuel subsidies: Learning from the Ghanaians

It is now old news that Nigerians had a rude awakening on January 1st 2012 . The first day of a new year is often seen as a fresh start. Most people soberly reflect on the previous year, make resolutions they hope to keep, and are basically excited about the prospects and promises the new year holds.

But as we all know, 2012 started with a big bang. The fuel subsidy was removed and Nigerians woke up to the realization that what they had always perceived as their prerogative, was no longer an exclusive right. Instead of excitement, there was anxiety and uncertainty.

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