Prince Inusa
FUEL SUBSIDY REMOVAL, A FAIL EXPERIMENT OR NECESSARY PAIN?
The removal of fuel subsidy has sparked widespread hardship, raising questions about whether it was the right decision. Many Nigerians initially supported its removal due to the government’s argument that subsidy funds were plagued by corruption and inefficiency. However, instead of addressing the root cause corruption in the oil sector the removal has led to skyrocketing fuel prices, worsening inflation, and deeper economic pain for ordinary citizens.
While subsidy reform may have been necessary, the abrupt removal without concrete measures to curb corruption or provide alternatives has left many feeling deceived. The promises of post-subsidy relief have yet to materialize, and Nigerians are now questioning whether restoring subsidy—while aggressively tackling oil sector fraud—might have been a better approach.
Moving forward, leaders must prioritize transparency, strengthen refineries, and implement policies that truly alleviate poverty not just remove subsidies without a safety net. The lesson? Good governance, not just subsidy removal, is what Nigeria needs.
Even If You Are Not Educated, These 10 Unspoken Rules Can Help You Escape P0verty In Africa.
1. Find a Rich Mentor and Serve Them.
Wealthy people hold secrets that books won’t teach you. If you can get close to one—by working for them, running errands, or just being useful—you’ll learn more than any classroom could ever teach you.
2. Master the Art of Lying Low
Poverty becomes permanent when you live above your means. Many people make money but waste it trying to look rich. Stay low, avoid unnecessary attention, and build in silence.
3. Understand “Under-the-Table” Business
This is how things work in Africa, not everything is advertised, and not all deals are done in daylight. Learn how money truly moves in your industry. The biggest opportunities are usually not on bill boards but through quiet conversations and connections. As a matter of fact, it's the washed up leftovers that are advertised. And usually if you see it published, it's way too late.
4. Control Your Reproductive Choices.
Let’s be real—poverty multiplies when you have more children than you can afford. Many stay broke because they keep expanding their responsibilities without expanding their income. Have kids strategically, not emotionally. And never let your er****on determine your direction.
5. Use Alcohol & Entertainment as a Tool, Not a Trap.
The poor use alcohol to escape reality; the rich use it to build networks. If you must drink, drink with people who can change your financial status. Entertainment should be a gateway to connections, not an escape from responsibility.
6. Attach Yourself to Moving Vehicles.
If you see someone or something rising—an individual, a business, a trend—find a way to attach yourself to it. Don’t try to reinvent the wheel. Join someone big and don't compete!
7. Exploit Gaps in the System
Every country has loopholes—things others ignore, services that are in demand, or government programs that people don’t take advantage of. Research what exists in your area and capitalize on it. Those who know how to work the system never stay poor. Remember never to be too politically invested, put your stomach ahead of the nation; everyone does, even those who say they never!
8. Respect & Study How Money Works.
The rich don’t see money the way the poor do. Money is a tool, not a prize. Stop thinking about how to spend it and start thinking about how to multiply it. Make financial literacy your private obsession.
9. Leverage Family & Community Ties Smartly.
There are free benefits you get by leveraging your nativity. By virtue of being a native in your country or village, there are things you naturally get. Take advantage. In Zimbabwe, just by showing your ID card, you get free land anywhere. Well what you do with that land is up to you.
10. Develop a Ruthless Work Ethic
Most people aren’t willing to suffer to escape poverty. Work harder than everyone else. Sleep less if you have to. Outwork your competitors, be reliable, and be known as the person who gets things done. Eventually, that reputation will open doors.
Poverty isn’t just about money—it’s about mindset. The difference between rich and poor is often not intelligence but the willingness to see and do what others ignore. Stay sharp, stay strategic, and make your way out.
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