The Politics and Economics of Removing Subsidies on Petroleum Products in Nigeria (Hardcover, New)

Though the history of hikes in petroleum prices began in 1973 when the military government of Gen. Yakubu Gowon increased the price of petrol to 9 kobo per litre from the equivalent of 8.8 kobo that had prevailed before then, the politics and economics of removal of subsidies on premium petroleum products entered into the national lexicon in 1986 when the military administration of General Ibrahim Babangida announced that due to the devaluation of the Naira, the domestic price of fuel had become unsustainable cheap and was becoming a burden on the national purse. Ever since, most regimes in the country have toyed with the idea of removing the subsidies, with organised labour and the civil society usually vehemently opposed to the idea. In late 2011 the Jonathan administration announced plans to completely remove the subsidies but gave no timeline amid threats by organised labour, students and civil society groups to stoutly resist the move. On January 1 2012, the regime announced the removal of the subsidies and subsequently reiterated that its decision on the issue was irreversible. It however announced some measures, including the provision of buses, to help cushion the impact of the move. This volume takes a critical look at the politics and economics of the pro- and anti-subsidisation lobbies. It also examines the likely economic and social impacts of the move and its implications for the poor, the overall economy and the country's democratic project. _____________________________ Jideofor Adibe has been a Guest research fellow in a number of institutions across the world including the Centre for Development Research, Copenhagen, Denmark; the Nordic Institute for African Studies, Uppsala, Sweden, the Centre for Developing Area Studies, McGill University, Montreal, Canada and the Institute for Commonwealth Studies, University of London, UK. He currently teaches political science at Nasarawa State University, Keffi and also writes a weekly column for the Nigerian newspaper Daily Trust. He is equally a member of the paper's Editorial Board. _________

General

Imprint:	Adonis & Abbey Publishers Ltd
Country of origin:	United Kingdom
Release date:	December 2013
First published:	December 2013
Editors:	Jideofor Adibe
Dimensions:	234 x 156 x 15mm (L x W x T)
Format:	Hardcover - With printed dust jacket
Pages:	214
Edition:	New
ISBN-13:	978-1-906704-93-3
Categories:	Books > Business & Economics > Economics > Development economics Books > Business & Economics > Economics > Political economy Books > Social sciences > Sociology, social studies > Social welfare & social services > General Books > Social sciences > Politics & government > Central government > Central government policies Promotions
LSN:	1-906704-93-7
Barcode:	9781906704933

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!