How fuel subsidy removal worsened Nigerian poverty levels – Report

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Speakers at the event included, Muhammad Sani Abdullahi, Deputy Governor for Economic Policy at the Central Bank of Nigeria (CBN); Sanyade Okoli, Special Adviser to the President on Finance and Economy; Hussaini Abdu, Country Director of CARE International; Samer Matta, Senior Economist at the World Bank, Nigeria; and Chinyere Almona, Director General at Lagos Chambers of Commerce and Industry.

Nigeria’s recent policy reforms, including fuel subsidy removal, have worsened poverty, highlighting the need for stronger social protection programmes to support vulnerable households.

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