It is surprising to see that the fuel subsidy removal in Nigeria will become a thing that will deprive people in Cameroon sleep.
The last time we checked, Cameroon is a country on its own, but what we now see, is a pointer to the level of scam happening in the subsidy regime.
On Wednesday, Nigerians were shocked to find commercial motorcyclists in Cameroon protesting against the fuel subsidy removal.
You see, Nigeria is indeed the giant of Africa.
Many countries in Africa that benefit greatly from Nigeria also get a share of the crisis that Nigerians feel.
In fact that is evident in the video of the commercial motorcyclists in Cameroon, that is now trending online.
War Against Subsidy
Past governments had tried to remove the subsidy which has kept fuel prices artificially low, but to no avail. As a result, the price have steadily climbed through the years.
In 2012, a protest known as “Occupy Nigeria” rocked the country for weeks after then-President Goodluck Jonathan attempted to end the subsidy.
Tinubu and some other big-weight politicians in the country joined the protest at the time.
To them, “such subsidy does not exist”.
Fuel Subsidy Is Gone
However, at his inaugural speech on May 29, Tinubu announced the removal of fuel subsidy.
“The fuel subsidy is gone,” the president exclaimed.
He added that it was unsustainable.
The rising costs could not be justified as resources dwindle, he said.
“We shall instead re-channel the funds into better investment in public infrastructure, education, healthcare, and jobs that will materially improve the lives of millions.”
Chaos
Shortly after Tinubu’s speech, long queues started surfacing at petrol stations.
Nigerians rushed to stock up on fuel before the impending jump in prices.
Tinubu’s office was later forced to issue a statement clarifying that the subsidy would end by June 30, but that did not stop some filling stations from selling at higher prices.
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Shortly after the announcement was made, the Nigerian National Petroleum Corporation (NNPC) confirmed an adjustment in the retail price of fuel in the country.
The adjustment saw fuel sell at above ₦450 in some states in Nigeria.
The Cameroon Protest
Days after the NNPC confirmed that fuel subsidy has indeed been removed, some commercial motorcyclists in Garoua, Cameroon, began protest against the development.
They expressed their dissatisfaction in a blend of Fulfulde and French, criticising President Tinubu.
The video which went viral shortly after it was shared, has drawn mixed reactions from Nigerians.
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It also lends credence to claims of Nigeria’s subsidised fuel being stolen and taken to other countries where they are resold for more profit.
Watch video below…
VIDEO: In Garoua, Cameroon, commercial motorcyclists are protesting the removal of petrol subsidy. They are expressing their dissatisfaction in a blend of Fulfulde and French, and criticizing President Tinubu. pic.twitter.com/N6SC8PFy8r
— Eons Intelligence (@eonsintelligenc) June 7, 2023