Editorial
Still On Subsidy Removal
The United States dollar today goes for about N165 as against a dollar to Nigeria’s 70 Kobo in 1985. This, economic experts attribute to a number of variables, key among which are bloated foreign debts activated by a consuming rather than a producing culture, near total dependence on imported goods, and more importantly, depleted foreign reserves.
This has remained a major source of worry to successive governments in Nigeria but who over the years, scratched the surface and consistently postponed the doom’s day. At various times, one form of subsidy or the other was removed but because it was not far reaching enough, the country continues to drift down the precipice.
All nations of the world, with Nigeria’s kind of economic uncertainty, including Ghana, took the painful decision of breaking away from the various cycles of beggardom, never-ending foreign debts, government’s over-involvement in virtually all sectors of the economy. That tendency resulted in bloated national fiscal budgets and forced government to pay for virtually every demands, no matter how unnecessary, resulting in large government’s portfolios and attendant huge expenditures.
In a clime where virtually every government’s action, no matter how well-intended is politicised and where political unpopularity among the people is a very devastating suicide attempt, it requires a man of courage and vision, a complete patriot and a future builder to risk what Nigerian President Goodluck Jonathan did, by his painful decision to announce removal of subsidy on Premium Motor Spirit (PMS) popularly called petrol.
Since that deregulation of the downstream sector, intended primarily to rechannel hitherto wasted fund into rebuilding standard infrastructure, the absence of which have scared away investments, and by extension, crippling the labour market, not much effort has been made to evaluate the advantages of the policy in the long run.
It is true that the subsidy removal should, and indeed, has caused the ordinary Nigerian some temporary discomfort, especially because of its effect on the transportation sector and the multiplier effects on other sectors.
However, even at N97 per litre, survey shows that it is still cheaper than what the product sells in other parts of the West African sub-region. Ghana, for instance, toed the same path and is wiser and better for it with the building of standard infrastructure with funds sourced from its deregulation policy and austerity measures.
That, perhaps, accounts for the Federal Government’s resolve not only to deregulate the downstream sector of the petroleum industry but also downsize the executive branch of government. In addition, principal executive officers have had 25 per cent of their basic salaries slashed with a promise to make further sacrifices.
Governor of the Central Bank of Nigeria (CBN), Lamido Sanusi Lamido, himself a product of the progressive civil society movement, has said for the umpteenth time that the subsidy removal would ensure the socio-economic development of the country. His support for the regime, he explained even recently in Abuja, while addressing newsmen, was based on his conviction that Nigerians would reap the dividends derivable from it in no distant time from now.
According to Sanusi, it encourages in investment into the downstream sector and helps build refineries and petrochemical plants. More importantly, better fiscal management and a structural adjustment that leads to re-industrialisation and development.
Happily, no single Nigerian of note is against removal of the conduit called subsidy, the quarrel by some has been about timing. No time but the right time, in the surgeon’s view is ever good enough for the surgical removal of a cancerous anti-body. Yes, the ordinary Nigerian suffers some pains and for which more palliatives are still being articulated and implemented.
Therefore, we urge all Nigerians to painstakingly weigh the immense future gains of the subsidy removal regime and not merely dwell on the brief pains of the moment. No successful nation enjoys economic stability without passing through one form of hardship or another.
To succeed, Nigerians need to give the elected populist President the benefit of the doubt, and not judge him by the failures of his predecessors.
The Tide, again urges Nigerians to view the deregulation from this positive futuristic posture.
That, we believe is the path to honour, national greatness and socio-economic stability.
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INEC’s Threat Alert Deserves Urgent Attention
The Independent National Electoral Commission’s (INEC) disclosure of an alleged plot to target its ad hoc personnel ahead of the 2027 general elections demand urgent national attention. The reported arrest of suspects, with intelligence support from the Department of State Services (DSS), is encouraging, but must not breed complacency. Any attack on electoral workers threatens not only human lives but also Nigerians’ constitutional right to choose their leaders through credible elections. The alleged conspiracy must be thoroughly investigated, its sponsors identified and all those found culpable prosecuted.
Particularly troubling is the reported targeting of National Youth Service Corps (NYSC) members, who play a vital role in Nigeria’s electoral process. Many serve far from home and undertake sensitive assignments at polling units and other electoral locations. As civilians, they should not be exposed to intimidation, abduction or violence without adequate protection. If election workers are vulnerable, the safety of other officials, observers and voters cannot be guaranteed.
Nigeria’s electoral history offers painful lessons. Human Rights Watch reported in Nigeria’s Post-Election Violence, published in May 2011, that more than 800 people died in the violence following the 2011 general elections. NYSC members serving as electoral officials were among the victims. This tragedy underscores the deadly consequences of political tension, incitement and disputed outcomes. Nigeria must act on the latest warning before another preventable disaster occurs.
INEC deserves recognition for uncovering the alleged plot, while the DSS and other security agencies merit commendation for their reported assistance. However, arrests are only the beginning. Investigators must establish the suspects’ identities, motives, networks and intended targets, ensuring that evidence is admissible in court. The process must remain impartial and free from political interference. Credible public updates are also necessary, provided they do not compromise investigations or operational security.
The authorities must adopt a comprehensive, intelligence-led security strategy for 2027. INEC’s proposed security conference should produce practical measures developed in collaboration with the Inter-Agency Consultative Committee on Election Security (ICCES), the police, the DSS and other relevant agencies. Threat assessments should guide personnel deployment, secure transportation, emergency communications, evacuation procedures and rapid response. Protection must extend beyond polling day to the distribution of sensitive materials, collation centres and the safe return of ad hoc personnel.
Those who provide intelligence must also be protected from retaliation. Confidential reporting channels and appropriate safeguards should be established for informants and others assisting investigations. Equally, security deployments must not intimidate voters or facilitate political repression. Personnel should act professionally, impartially and proportionately, within the law. Clear mechanisms for reporting misconduct and investigating abuses are essential to maintaining public confidence.
The threat also highlights broader concerns about trust in the electoral system. The European Union Election Observation Mission’s June 2023 final report identified shortcomings in transparency and operational implementation during Nigeria’s 2023 general elections, alongside concerns about the legal framework and electoral dispute resolution. Credible elections require more than security; they depend on transparent procedures, accountable officials and consistent enforcement of electoral laws. INEC must demonstrate measurable progress in addressing previously identified weaknesses.
Voter apathy presents another challenge. INEC’s published figures indicate that approximately 25 million people voted in the 2023 presidential election, out of about 93.5 million registered voters, a turnout of roughly 26.7 per cent. Although insecurity is not the sole cause of low participation, threats against electoral personnel can heighten public anxiety and discourage voters from exercising their franchise. INEC should strengthen civic education, improve polling accessibility and communicate procedures clearly. Political parties, civil society and the media must promote peaceful participation and reject electoral intimidation.
Misinformation and manipulated digital content pose additional risks. False reports, fabricated announcements and deepfake videos can inflame tensions, impersonate officials and mislead voters. INEC should establish a well-resourced, rapid-response communication system supported by verified digital channels and timely public statements. Collaboration with credible media organisations and fact-checkers would help counter falsehoods without suppressing legitimate criticism. Clear, consistent communication is indispensable, as administrative confusion and delayed explanations often allow rumours to spread.
Electoral integrity must also begin within INEC itself. The chairman’s warning against partisanship, negligence, extortion and ethical misconduct deserves serious attention. Security measures cannot compensate for officials who abuse their positions or disregard established procedures. INEC should strengthen staff training, ensure transparent recruitment and deployment, provide secure channels for reporting misconduct and enforce disciplinary rules consistently. Allegations of bribery and political interference must be investigated regardless of rank, while ad hoc personnel should receive adequate briefing, support and prompt payment.
The legal framework also requires clarity and consistent enforcement. INEC should explain the precise provisions and applicability of Section 26 of the Electoral Act 2026, including the obligations of electoral officials and security personnel, and publish authoritative guidance on neutrality and professional conduct. Complaints by opposition parties that they have been prevented from campaigning in certain states must likewise be investigated impartially. Any established violations should attract appropriate corrective action. Electoral fairness requires not only impartial polling officials but also lawful campaigning, access to competing viewpoints and freedom from intimidation.
The alleged plot against INEC’s ad hoc personnel is a warning against complacency ahead of the 2027 general election. Governments, security agencies, INEC, political parties and civil society must work together to prevent violence, punish misconduct and protect citizens’ participation. The commission should communicate its security priorities, maintain accessible threat-reporting channels and provide periodic updates on preparedness. Nigeria’s democracy cannot be safeguarded by assurances alone; it requires demonstrable preparation, impartial law enforcement and an unwavering commitment to free, fair and credible elections.
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