Abstract

This project work is on fuel subsidy removal and its effects on the Nigerian university students, especially those of the Niger Delta University. Fuel subsidy removal refers to the removal of government assistance on payment to the importation of fuel. Fuel subsidy policy was first introduced in (1985) during the Ibrahim Babangida administration to temporarily stabilize the price of petroleum due to our failed refineries. The removal of fuel subsidy by the president Jonathan administration triggered protest by Nigerians who argued that fuel subsidy represents the only benefits they enjoy from the nation’s huge resource endowment. The Nigerian government on the other hand, insisted that fuel subsidy removal is necessary in order to conserve enough fund for development. However, this research work proposed that fuel subsidy has a negative effect on the Nigerian university students, especially those of the Niger Delta University. The system theory was adopted. Additionally, this project work made use of the secondary and observational method of data collection. Thus, at the end, data collected revealed that fuel subsidy benefited only a privileged few in Nigeria and this led to its removal. The removal of fuel subsidy triggered an increase in the prices of goods and services which had a negative effect on the Nigerian university students especially those of the Niger Delta University.

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