NewzTunji Ogunyemi, a professor at Obafemi Awolowo University, has cautioned that the reinstatement of petrol subsidies in Nigeria could lead to the economic collapse of 15 northern states. He stated that these states would likely be unable to sustain their operations within three months if the subsidy policy were restored.
The warning serves as a critique of recent political discourse surrounding fuel subsidy policies, specifically addressing comments made by Atiku Abubakar. The analysis highlights the potential fiscal instability such a policy shift could impose on regional governments reliant on federal allocations.
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