Sanusi II: How Boko Haram Stopped Jonathan’s Planned Fuel Subsidy Removal

Emir of Kano, Muhammadu Sanusi II, said ex-President Goodluck Jonathan halted fuel subsidy removal due to fears of Boko Haram attacks, not protests. Speaking at an Oxford conference, Sanusi explained that Nigeria’s subsidy was a “naked hedge,” fixing petrol prices despite market changes and creating an unsustainable financial burden. Source: arise.tv