Fuel Subsidy Reform: Balancing Economics and Social Welfare

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The Economic Jigsaw

3 episodes

1 week ago

The Economic Jigsaw is designed to foster policy debates and offer policymakers and the Nigerian public alternative policy options. Brought to you by the Nigerian Economic Society (NES) and the Centre for the Study of the Economies of Africa (CSEA) this podcast aims to spark dialogue and disseminate insights on economic issues in Nigeria and Africa to engage a diverse non-technical audience, bridging academia, industry, government, and the general public. New episodes are published monthly

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Fuel Subsidy Reform: Balancing Economics and Social Welfare

The Economic Jigsaw

52 minutes 27 seconds

1 year ago

Fuel Subsidy Reform: Balancing Economics and Social Welfare

The Nigerian government recently announced the removal of fuel subsidies, a decision that has sparked widespread debate. On one hand, there are arguments for economic efficiency and budgetary savings, and on the other hand, there are concerns about the social impact on the populace. Episode 2 of the Economic Jigsaw explores these perspectives as Host, Omolola Lipede discusses the way forward with our distinguished guest, Prof. Akin Iwayemi.Prof. Iwayemi Akinbolaji Philip is an expert in energy, environment, infrastructure, and development economics. He has undertaken consultancies in petroleum, gas, electric power, infrastructure, and general economic development and environmental issues in Nigeria and the Africa region for the past thirty years. In addition, He has also participated in the application of quantitative models to policy design and perspective planning. He is currently the Principal Investigator for the Centre for Petroleum, Energy Economics and Law (CEPEEL).