IIARD International Institute of Academic Research and Development

INTERNATIONAL JOURNAL OF ECONOMICS AND FINANCIAL MANAGEMENT (IJEFM )

E-ISSN 2545-5966
P-ISSN 2695-1932
VOL. 9 NO. 2 2024
DOI: https://doi.org/10.56201/ijefm.v9.no2.2024.pg167.183

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Effect of Fuel Subsidy Removal on Nigeria’s Standard and Cost of Living (A Case Study of Taraba State)

Moyotole Daniel EZUEM, Ph.D, Promise AGADA

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Abstract

The research delved into the effect of Fuel Subsidy Removal on Nigeria's Standard and Cost of Living, with Taraba State serving as a case study. Employing primary data sources, structured questionnaires, descriptive statistics, Simple Random Sample, and Taro Yamani form techniques to determine the sample size, frequency tables, percentages, and Pearson Chi-square for data analysis and hypotheses evaluation. The Pearson Chi-square results across all analyses, with likelihood ratio values (ratio value of -39.10250 and P-value 0.0002 for H

keywords:

Fuel Subsidy, Standard and of Cost living

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References:

Business Day (2022). Naira redesign – the law and global best
practices.https://businessday
https://www.cbn.gov.ng/MonetaryPolicy/Conduct.asp
Central Bank of Nigeria (2022). Redesigning of the Currency. www.cbn.gov.ng.

Committee on the Global Financial System (2011). Global liquidity - concept,
measurement and
policy implications. https://www.bis.org/publ/cgfs45.pdf

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