{
  "id": 13067762,
  "title": "OPINION: Subsidy na subsidy, President Tinubu.",
  "url": "https://urgent.news/2026/10/09/opinion-subsidy-na-subsidy-president-tinubu",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-09T07:22:54.000Z",
  "source": {
    "name": "Ripples Nigeria",
    "slug": "ripples-nigeria",
    "url": "https://www.ripplesnigeria.com/opinion-subsidy-na-subsidy-president-tinubu/"
  },
  "original_language": "en",
  "account": "President Bola Tinubu insists that subsidy remains a subsidy, regardless of how the administration tries to redefine it. The Nigerian National Petroleum Company Limited (NNPC) is expected to share its petrol profit margin with the public, but the government insists this is not an act of generosity, merely a return of public resources. The Ministry of Finance and the Ministry of Petroleum, held by the Nigerian people through the Federation, own NNPC. Therefore, any profit reduction from the company is a direct benefit to the people it belongs to. This approach echoes the make-whole principle in tort law, which seeks to restore an injured party to their original position, a concept the author applies to economic policy. The concern is not with the term used, but the impact on Nigerians, who own the oil company and deserve its profits. The argument is that the government's move to lower petrol prices is an effort to balance resource value with public welfare, not an extraordinary act of kindness. The words used matter less than the substance of the policy, and the author questions why the government is so hesitant to acknowledge the real impact of its actions. The author challenges the administration to clarify how the profit reduction affects Nigerians, particularly in terms of transport costs and food prices, and what the long-term implications will be for both transport operators and passengers. Ultimately, the author insists that Nigeria is not subsidy-free, but the government's approach to using public resources to aid its people is a step in the right direction. The real question is whether this intervention will effectively alleviate the economic hardships faced by Nigerians and restore their purchasing power.",
  "summary": "President Bola Ahmed Tinubu, subsidy is subsidy. Your administration says NNPC Retail will give up its profit margin… The post OPINION: Subsidy na subsidy, President Tinubu. appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Daily Post Nigeria",
        "title": "President Tinubu, governors are like sons to me – Pete Edochie",
        "url": "https://urgent.news/2026/10/09/president-tinubu-governors-are-like-sons-to-me-pete-edochie",
        "published": "2026-10-09T08:57:36.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}