...34 states record N1.6trn surplus in 2024– W’Bank
The complete removal of petrol subsidies in October 2024 was supposed to be a painful but necessary sacrifice, one that would free up billions for national development and ease Nigeria’s fiscal burdens.
But one year after the policy took full effect, it is a tale of two situations—one where state governors bask in unprecedented revenue windfalls, and another where ordinary citizens struggle to survive amid skyrocketing prices and dwindling incomes.
The World
