The shocks and bitter pills of a free market transitioning | TheCable

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OPINION BY OLA EMMANUEL: The shocks and bitter pills of a free market transitioning | TheCable

“Most Nigerians, especially those born after 1973, have lived their lives under fuel subsidy. Hence, removing it is like a mother weaning off a child from breast milk. But then, while weaning children from breast milk is inconvenient to them, it is necessary for them to grow and become adults.

Like a people, like their leaders. Nigeria is a heterogeneous state, a country full of different people with different beliefs. While some groups want to do things for themselves to enable them to move very productively and develop faster, some groups believe in handouts coming from the government purse.

In this vein, therefore, what some percentage of Nigerians are asking for, that the government should be involved or continue with price fixing, is no longer possible if this country is to move forward productively. We must encourage productivity and we must allow the private sector to fully take over through the free market system.

 

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