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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

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 SubsidyStandard and of Cost living

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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