Nigeria today is witnessing a crisis not merely of policy but of confidence. Bold reforms, especially the removal of fuel subsidies, deregulation in fuel and power, and currency unification, were introduced to correct long‑standing structural distortions. But rather than being met with support, they have triggered anger and protests. This reaction is less about the technical merits of the reform and more about the deep erosion of trust that has built up over the years.
In May 2023, President Bola Tinubu’s administration removed the fuel subs
