
Professor Tunji Ogunyemi of Obafemi Awolowo University, Ile-Ife, has warned that restoring Nigeria's petroleum subsidy regime could severely damage the country's public finances. According to Ripples Nigeria, the economic historian, lawyer and public affairs analyst argued that a return to fuel subsidy payments could lead to the possible financial collapse of more than 15 states in Nigeria's northern region, urging against reversing the subsidy removal policy.
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