“Avoid return to fuel subsidy era,” Ogunyemi warns

From Lateef Dada, Osogbo
Public affairs analyst, lawyer, and economic historian, Prof. Tunji Ogunyemi, has warned the Federal Government against reinstating universal petrol subsidies, describing any such move as a retreat into systemic waste and corruption.
Speaking with our correspondent yesterday, Prof. Ogunyemi posited that providing temporary fuel relief to Nigerians is a welcome measure, provided the system is safeguarded against manipulation and smuggling to neighboring countries.
He stressed that short-term relief measures cannot completely resolve the nation’s economic challenges, describing them as temporary interventions to cushion the impact of global supply disruptions...