Nigeria’s petrol subsidy is reportedly higher than Buhari’s administration.

According to an analysis, Nigeria is paying approximately N907.5 billion monthly in the landing cost of the product.

https://friendsnfolks.com/2024/02/18/fuel-subsidy-surges-higher-that-pre-tinubu-administration/

This is something else. The reason is not far fetched.

The brutality and fatality Dollar is doing to Naira is insane.

Jigiola2024:
Nigeria’s petrol subsidy is reportedly higher than Buhari’s administration.

According to an analysis, Nigeria is paying approximately N907.5 billion monthly in the landing cost of the product.

https://friendsnfolks.com/2024/02/18/fuel-subsidy-surges-higher-that-pre-tinubu-administration/

It is not surprising. You need some level of education to make impact in deciding economy of a country. They said GEJ is an illiterate and I agree to some extent that despite having PhD(although not economics related) he wasn't able to make decisions that would have helped the country to grow.
Between 2015 and now, we have had the worst decision makers, as in sheer illiterates who are confused and don't know what to do. The only policy outlook of tinubu is to get more money for government to spend, whereas tax increase and subsidy removal are not the main things that grow economy but production.
The greatest undoing of Mr Tinubu is non-readiness to fight corruption with forex and petrol subsidy and that had landed us here. He has saved money now with right hand and throwing it away with left hand. What's the sense in that? A bunch of leaders that takes action before thinking about the consequences.