Oil Subsidy Removal and National Development in Nigeria: The Missing Link and Unmasking the Truth: Keynote Speech at the Hybrid 2025 International Con

Oil Subsidy Removal and National Development in Nigeria: The Missing Link and Unmasking the Truth critically analyzes removal of oil subsidy, one of Nigeria's most contentious economic policies since independence. In this groundbreaking keynote speech, Professor Uwem Essia explores the complexities of fuel subsidies, their impact on national development, and the underlying governance failures that have hindered Nigerians benefiting from oil subsidy, when it subsisted, and the gains from funds recovered after the subsidy was removed. Drawing on historical insights, global best practices, and economic theory, the book dissects Nigeria's subsidy regime, exposes deep-seated inefficiencies, and offers a roadmap for a sustainable, inclusive energy sector. Essential reading for policymakers, scholars, and citizens alike, this book challenges entrenched interests and proposes pragmatic solutions for leveraging Nigeria's vast oil wealth for national prosperity.