The Yar’Adua Study on Subsidies (II), By Olusegun Adeniyi

Shortly before the 2011 general election which he lost to President Goodluck Jonathan, then candidate Muhammadu Buhari (now president) was dismissive of subsidy in the downstream sector of the petroleum industry. “If anybody says he is subsidising anything, he is a fraud. So all these people talking about subsidy, who is subsidising who?” he famously […]

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The Yar’Adua Study on Subsidies (1), By Olusegun Adeniyi

“Sometime in 2008, my late boss, President Umaru Musa Yar’Adua commissioned a study on ‘subsidies and tariffs in Nigeria’ in five critical sectors: Electricity, Petroleum, Education, Health and Agriculture. The main objectives were to determine the effectiveness of subsidies in these sectors, examine the need or otherwise for continuity and finally, suggest the framework for […]

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