Imagine a giant. Not an ordinary giant, but one blessed with everything a nation could ask for. Vast lands. Endless resources. Brilliant minds. Rich culture. Boundless energy. For sixty-six years, this giant has walked the earth. Or at least, that is what the world assumes. But one day, you look closer and discover something strange.…
For more than five decades, Nigeriaโs economic architecture has been shaped by a singular, politically convenient instrument: the universal subsidy. From petrol to electricity to food staples, subsidies have been presented as lifelines for the masses. Yet the evidenceโboth historical and contemporaryโreveals a harsher truth: subsidies have not lifted Nigerians out of poverty; they have…
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