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Premium Times·September 8, 2026 at 8:49 AM

In a Premium Times opinion piece, David Okelue Ugwunta argues that Nigeria's removal of its unsustainable fuel subsidy was the right decision, but contends that the country still lacks a clear plan for how the resulting fiscal savings will be used. He writes that the real test is whether the reform leads to lower transport costs, stronger industry and better public services, and proposes that the National Economic Council, which brings together the federal government and all 36 state governors, should serve as the forum to negotiate and publish binding investment commitments ahead of the 2027 elections.

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Nigeriafuel subsidyeconomic reformNational Economic Council2027 elections

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