ASSESSMENT OF THE SOCIO-ECONOMIC IMPLICATIONS OF FUEL SUBSIDY REMOVAL IN NIGERIA:

Abstract

A subsidy is defined as any measure that keeps prices for a good or product below market level for consumers or producers.. Data for the study were sources through primary and secondary sources of data collection for the study. The study review some scholarly views on the subject matter under the literature .This study is descriptive in nature. The survey and documentary research designs were used in the conduct of this study. Both qualitative and quantitative approaches were adopted to obtain the data used in the study. The qualitative data was obtained through Focus Group Discussion (FGD) and interview. Twenty (20) Participants were involved in the focus group activities. Participants were selected from four different local government areas in Kaduna State. The criteria for the selection of participants are: gender, occupation, age, geo-political zone in Nigeria, and education. Five (5) participants from each the six geopolitical zones in Nigeria were involved in the FGD .Data collected were qualitatively and quantitatively analyzed in the study. The findings and recommendations were highlighted in the study.