REASONS/BENEFITS OF FUEL SUBSIDY REMOVAL

1. It will ensure private sector participation in the importation of petroleum products which will free up the market, empower many Nigerians and also allow the government to focus on other key sectors of the economy. 2. It will ensure the ready availability of petrol at all times for all Nigerians as Nigeria will be …

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MEANING OF FUEL SUBSIDY REMOVAL

Removal of fuel subsidy simply means the government not paying for the difference between pump price and the actual cost of importing fuel anymore. It technically means full deregulation of the downstream sector to pave way for vibrant competition by other interested investors. With the removal of fuel subsidy, fuel will have to be sold …

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MEANING OF SUBSIDY

This is any grant of financial aid from the government used to maintain the prices of a particular item at a certain level. To subsidise is to sell a product below the cost of production, fuel subsidy, therefore, means to sell petrol below -the cost of importation. Fuel subsidy can be properly defined as government …

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GOVERNMENT EFFORTS AT COMBATING HUMAN TRAFFICKING

Continuous efforts have been made by the government in fighting the scourge of human trafficking. As a global problem, the government needs concerted efforts by all and sundry including non-governmental agencies and international bodies if results must be achieved in combating human trafficking. One effort of the government in fighting human trafficking is the establishment …

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CONSEQUENCES OF HUMAN TRAFFICKING

1. Human trafficking is a crime against humanity. It is a serious crime and a global problem that violates the fundamental rights of the human person 2. Many victims of this inhuman treatment go through a lot of psychological distress/trauma and, are usually stigmatized by their peers and the society to which they belong. 3. …

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MEANING OF HUMAN TRAFFICKING

Human trafficking can be defined as the trade of humans, mostly for the purpose of sexual slavery, forced labour or commercial sexual exploitation by the trafficker. Human trafficking is a crime against humanity and a punishable offer across the globe as no government of any country condones it. CAUSES OF HUMAN TRAFFICKING Human trafficking as …

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