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                                                     Credit: SKY News The race is on for the most powerful office in the world:  The Executive Office of the President| The White House, at the forthcoming elections in November in the United States of America. Previous elections have seen candidates battle it out via campaign promises, debates, fund raising and getting their platform nominations, and this year’s election will not differ except for the pre-debate before party presidential tickets. Who becomes the next US President is important to nations of the world, it is crucial to what happens in Russia-Ukraine war as leaders are closely monitoring the developments at the US polls. We have had a taste of the capabilities of both Donald Trump and President Biden, both have spent a term as PO...

  Presently, Nigeria consumes an average of 44.3 million litres of petrol per day as compared to 66.7 million litres before subsidy removal (source: NMDPRA). While the average cost of petrol in the world today is $1.31 US dollars (source: Global Petrol Prices), in Nigeria it is $0.503 (source: Global Petrol Prices). The official exchange rate is N1,469 to $1. A simple multiplication to that effect leaves the cost of petrol at N757 a litre in the global market while NNPC is selling at N617 leaving a difference of N140. I ask a question, is government still paying fuel subsidy?    Meeting the required local demands has been a long-term issue in the country and the declaration of subsidy removal by the Tinubu administration on May 29, 2023 hiked up the pump price of petrol astronomically with its ripple effects on delivery of goods and services and cost of food. The grand entrance of Aliko Dangote into the oil industry appears to be a source of relief to the Nigeria...