Eight months after President Bola Tinubu, in his inaugural speech, announced the removal of fuel subsidy, the chickens have come home to roost, leaving the economy bleeding.

In the labyrinth of Nigeria's economic landscape, a pervasive wave of hardship has engulfed the nation, leaving its citizens navigating through soaring costs, diminished purchasing power, and profound lifestyle adjustments. The complex interplay of policy reforms, notably the removal of fuel subsidies and the unification of exchange rates, has ushered in a new era of…

Shortly after he was sworn in as president, Mr. Tinubu hopped on a train-long motorcade to Lagos. This was at an epoch where he had just called off the fuel subsidy, and the cost of fuel had reached planets Pluto and Mercury.

Reports across states in Nigeria have revealed that the Nigerian National Petroleum Company Limited kept its promise to eliminate fuel queues during the Christmas and New Year. Situation reports from different filling stations across Nigeria revealed that Premium Motor Spirit (PMS), popularly called petrol, was in sufficient supply to ensure energy security during the festive…