Also published in DAILY TRUST
The current controversy over the
removal or otherwise of fuel subsidy is basically an issue of mistrust between
the rulers and the ruled in Nigeria. Obviously, most Nigerians rightly
believe that, the expected proceeds from the exercise will simply end the
same way previous proceeds realized went. Interestingly enough, it has
been confirmed for instance that, 80% of all government’s privatized
enterprises are grounded, and the proceeds have predictably developed wings and
flown.




