Energy has become unaffordable to average Nigerians who now seek other unhealthy means to cope with life exigencies, even as the government insists on subsidy removal, writes DARE OLAWIN
Since President Bola Tinubu’s administration came on board in May 2023, the cost of energy has been on the rise, leaving many vulnerable Nigerians in energy poverty.
During his inauguration, the first assignment performed by the president was the removal of the petrol subsidy, which saw the fuel price skyrocketing from barely N200 to about N600. The president appeared to have forgotten his promise during his campaign in Abeokuta, the Ogun State capital, that he would bring down the cost of petrol, even if his predecessor took it to N500/litre.
Tinubu’s subsidy removal was followed by the devaluation of the Nigeria by the Federal Government. The floating of the naira brought about more hardships, especially as the dollar rate affected the cost of…