STAR ESSAY: 𝐓𝐡𝐞 𝐏𝐞𝐭𝐫𝐨𝐥 𝐒𝐮𝐛𝐬𝐢𝐝𝐲 𝐐𝐮𝐚𝐧𝐝𝐫𝐲: 𝐭𝐡𝐞 𝐃𝐞𝐯𝐢𝐥 𝐨𝐫 𝐭𝐡𝐞 𝐃𝐞𝐞𝐩 𝐁𝐥𝐮𝐞 𝐒𝐞𝐚? By Dr Ugoji Egbujo
The country is in a bind. It must borrow three trillion if it chooses not to discontinue subsidising petrol. That’s what the government has said. But, on the other hand, if it removes the subsidy […]