Tinubu’s subsidy-free subsidy and Neoliberalism’s collapse

APPARENTLY, the omniscient, omnicompetent “invisible hand” of the market has suddenly developed an infirmity that requires the helping hand of the Nigerian state. After more than three years of publicly treating petrol-price intervention as economic blasphemy, President Bola Ahmed Tinubu has authorised the Nigerian National Petroleum Company to surrender its retail profit margin for a […]

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