An Ex-Ray of Fuel Subsidy Removal and Deepening of Poverty Among Vulnerable People in Nigeria
Keywords:
Fuel Subsidy Removal, Poverty, Socio-economic, Transportation, Agricultural Productivity, LivelihoodAbstract
Fuel subsidy remains one of the most intricate and complex socio-economic policy issues in Nigeria, this is because Nigeria is a mono cultural economy and whatever take place in the oil sector has a multiplier effect on other sectors of the economy. The study is focus to Ex-ray fuel subsidy removal and the deepening of poverty in Nigeria. Secondary source of data was adopted in the study. The study found that fuel subsidy removal has significant effect on the deepening poverty among Nigerian. The study therefore recommended that government of Nigeria should provide palliatives that will alleviate the lingering poverty caused by fuel subsidy removal.