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BizEcons Quarterly, 2023
The removal of fuel subsidy in Nigeria in 2023 has triggered a profound shift with far-reaching implications across economic, social, and environmental spheres. This study probes into the complex web of consequences arising from this drastic policy transformation, examining both the direct and indirect effects on the Nigerian society and economy. While the reallocation of resources from subsidies to vital sectors like healthcare, transport and education holds positive transformative potentials, ensuring effective utilization and equitable distribution of these funds warrants meticulous consideration. Achieving tangible improvements in essential services without unintentional negative consequences emerges as a central challenge. Drawing from historical precedents of subsidy removal attempts in Nigeria, the study underscores the importance of managing public sentiment and stakeholder reactions. The complexity arising from the interplay of economic, political, environmental, and societal factors necessitates a holistic approach. The study highlights the significance of informed decision-making to mitigate negative short-term impacts, harness long-term gains, and safeguard the vulnerable segments of the population. Policymakers must adopt a holistic approach that balances economic efficiency, social welfare, environmental sustainability, and inclusive growth. By addressing these multidimensional implications and drawing insights from both domestic and international experiences, Nigeria can navigate the complexities of subsidy removal effectively and work towards a prosperous and egalitarian society.
Linha Mestra, 2019
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Presentación del conjunto de cerámicas ibéricas pintadas, con figuras antropomorfas y zoomorfas, importadas o fabricadas, en el oppidum ibérico de El Monastil (Elda)
We can reduce the rate of recidivism by training the former incarcerated to create businesses. We should have this cohort attend team-building training and business principles classes. Today's paradigm assigns former inmates to community and local groups to gain support. With the availability of negative opportunities, these former inmates often fall back into a life of crime; especially, when job opportunities are few and short-lasting. They can make their own way with the right training.
Aimlessness is the impression we have when we profoundly contemplate life without being able to assimilate what is going on. This is not just a vague sensation, it is a conclusion based on logical thinking processes. We live, we work, we make money, we enjoy ourselves, we experience pain, and at the end we dispense with everything we have and depart forever without farewell. The most painful feeling is when we ...
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