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In Whose Pockets? The Missing Benefits Of Subsidy Removal - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsIn Whose Pockets? The Missing Benefits Of Subsidy Removal (193 Views)

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In Whose Pockets? The Missing Benefits Of Subsidy Removal by Bobloco(op): 11:07am On Jun 01, 2025
Former Minister of Transportation, Rotimi Amaechi, recently stated that “the benefits of the fuel subsidy removal are in their pockets.” While the comment was likely intended to emphasize the supposed economic gains for Nigerians, it raises more questions than answers, particularly for the average citizen struggling with rising transportation costs, food prices, and stagnant wages.

The premise of subsidy removal was to redirect funds toward infrastructure, health, education, and social services. However, almost two years after the controversial decision, many Nigerians feel no such improvement. Instead, inflation has surged, the cost of living has spiked, and public transportation has become unaffordable for many. If there are benefits, they remain largely invisible to those outside elite economic circles.

Amaechi's remark might unintentionally highlight a deeper truth: perhaps the real benefits of the subsidy removal are indeed "in pockets" just not the pockets of the masses, but of a privileged few profiting from deregulated fuel markets and weak regulatory oversight.

Nigerians deserve transparency and evidence of how the saved subsidy funds are being utilized. Without that, such statements come across not only as dismissive but as a painful reminder of the growing disconnect between political rhetoric and lived reality.
Re: In Whose Pockets? The Missing Benefits Of Subsidy Removal by destinychildolu(m): 11:14am On Jun 01, 2025
It's strictly for politicians
Re: In Whose Pockets? The Missing Benefits Of Subsidy Removal by muyico(m): 11:19am On Jun 01, 2025
We wanna use it for this coming election, any party leader dat join APC he entitle to 100m/200m depending on people wey he dey carry come, so go fry stone
Re: In Whose Pockets? The Missing Benefits Of Subsidy Removal by jimi4us: 11:26am On Jun 01, 2025
Thiefnubuu is enriching his family and one day Nigerians will know Abacha is a baby when it comes to greed

Re: In Whose Pockets? The Missing Benefits Of Subsidy Removal by chiefolododo(m): 11:39am On Jun 01, 2025
The only thing a common Nigerian enjoy is fuel subsidy, when you remove it and give it to governors as allocation, you are wicked. Governors that cannot recruit and pay workers salary, cannot secure lives and properties, governors that do close to nothing. This is pure evil
Re: In Whose Pockets? The Missing Benefits Of Subsidy Removal by Thiefobi1: 12:01pm On Jun 01, 2025
Amaechi head no correct.

Those funds used in paying loans debt are gotten from what.

Increase in state allocation re funds from subsidy.

Infrastructure project are all money from subsidy removal
Re: In Whose Pockets? The Missing Benefits Of Subsidy Removal by ucheheart(m): 12:29pm On Jun 01, 2025
Someone is speaking the truth finally
Re: In Whose Pockets? The Missing Benefits Of Subsidy Removal by SeeWahala: 12:35pm On Jun 01, 2025
Yahaya Bello once said, and I quote:

IF ANYTHING HAPPENS I WILL SHOW THE WHOLE WORLD HOW APC RIGGED PETER OBI OUT OF WINNING THE ELECTION
and till today he is still walking free and attending government functions undecided
Re: In Whose Pockets? The Missing Benefits Of Subsidy Removal by Bobloco(op): 3:45pm On Jun 01, 2025
ucheheart:
Someone is speaking the truth finally
The truth must be spoken at all times
1 Reply

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