A recent opinion piece discusses the potential consequences of reinstating a subsidy. Restoring it would have several negative effects, including a renewed fiscal burden and increased smuggling. This move would also impact domestic refining by reducing incentives for efficiency.

The article suggests that addressing the immediate price of petrol is not a long-term solution. Instead, it would leave deeper issues unaddressed.

Further details on this topic can be found in the original article, titled Beyond the rule of 70, written by Gboyega Nasir Isiaka, available from Premium Times.