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Atiku’s subsidy u-turn: The bankruptcy of desperate ambition, By Sunday Dare

Atiku’s subsidy u-turn: The bankruptcy of desperate ambition, By Sunday Dare

By GhanaSummary NewsroomNigeria

The old import subsidy regime was not merely a pricing mechanism; it was a black hole of rent-seeking, round-tripping, and monumental corruption that starved health, education, and infrastructure of vital capital… Restoring it would instantly sabotage the nascent renaissance of local refining, crush private sector confidence, and plunge the country back into chronic foreign exchange haemorrhage.

The old import subsidy regime was not merely a pricing mechanism; it was a black hole of rent-seeking, round-tripping, and monumental corruption that starved health, education, and infrastructure of vital capital.

A Sordid Rebuttal to Economic Regression To entertain Atiku’s hollow promise is to invite national economic suicide.

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