Saturday, November 14, 2026
  • About Us
  • Advertisement
  • Privacy Policy
The Daily Crucible
Advertisement
  • Home
  • News
  • Business
    Binance Buys Back Tokens After $6.3bn Loss in History’s Biggest Heist Linked to North Korean Hackers

    Binance Buys Back Tokens After $6.3bn Loss in History’s Biggest Heist Linked to North Korean Hackers

    Dangote Group Eyes $36bn Revenue as Lamu Refinery Project Advances

    Dangote Group Eyes $36bn Revenue as Lamu Refinery Project Advances

    Don’t Use School Fees or Sell Your House to Buy Dangote Refinery Shares, Emir Sanusi Warns Nigerians

    Don’t Use School Fees or Sell Your House to Buy Dangote Refinery Shares, Emir Sanusi Warns Nigerians

    SEC Warns Investors as Dangote Refinery Opens N2.15tn Share Offer

    SEC Warns Investors as Dangote Refinery Opens N2.15tn Share Offer

    Johnson & Johnson Offers $5.5bn to End 69,000 Lawsuits Over Claims Baby Powder Caused Ovarian Cancer

    Johnson & Johnson Offers $5.5bn to End 69,000 Lawsuits Over Claims Baby Powder Caused Ovarian Cancer

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    Shocking! Modupe Ozolua Discovers Five – Decade Secret in Bombshell Memoir

    Shocking! Modupe Ozolua Discovers Five – Decade Secret in Bombshell Memoir

    Nigerian Model Oma Osele Wins Miss Continental World 2026 Crown

    Nigerian Model Oma Osele Wins Miss Continental World 2026 Crown

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    ‘Stop Defaming Me Or Face Court Action,’ Toyin Abraham Threatens Warns Bloggers, Influencers Over ‘False’ Claims

    ‘Stop Defaming Me Or Face Court Action,’ Toyin Abraham Threatens Warns Bloggers, Influencers Over ‘False’ Claims

    Singer Felix Duke Arraigned Over Alleged N21.25m Fraud, Gets N10m Bail

    Singer Felix Duke Arraigned Over Alleged N21.25m Fraud, Gets N10m Bail

    “I Could Not Mourn My Husband” — Gbenga Adeboye’s Widow Breaks Silence, Reignites 23-Year Family Feud

    “I Could Not Mourn My Husband” — Gbenga Adeboye’s Widow Breaks Silence, Reignites 23-Year Family Feud

    Shocking! Modupe Ozolua Discovers Five – Decade Secret in Bombshell Memoir

    Shocking! Modupe Ozolua Discovers Five – Decade Secret in Bombshell Memoir

    Ex-Adult Film Star Cindy In Tears, Says ‘I Regret Everything I’ve Done’

    Ex-Adult Film Star Cindy In Tears, Says ‘I Regret Everything I’ve Done’

    D’banj Pours Out His Heart in Emotional Tribute to Late Son – ‘Daddy Loves You Specially’

    D’banj Pours Out His Heart in Emotional Tribute to Late Son – ‘Daddy Loves You Specially’

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Palace Sack Sage After 3-1 Anfield Rout as Liverpool Hammer Final Nail

    Palace Sack Sage After 3-1 Anfield Rout as Liverpool Hammer Final Nail

    Tinubu To Flamingos: You Promised The Trophy, You Kept It — Nigeria Is Proud Of You

    Tinubu To Flamingos: You Promised The Trophy, You Kept It — Nigeria Is Proud Of You

    History Made! Flamingos Beat Japan 2-1 To Win Nigeria’s First U-17 Women’s World Cup

    History Made! Flamingos Beat Japan 2-1 To Win Nigeria’s First U-17 Women’s World Cup

    Tinubu to Flamingos: Go and Bring the Cup Home – ‘Nigeria is Proud of You’

    Tinubu to Flamingos: Go and Bring the Cup Home – ‘Nigeria is Proud of You’

    Tenerife Striker Jesus de Miguel, 30, Dies After Horror Collision With Goalkeeper

    Tenerife Striker Jesus de Miguel, 30, Dies After Horror Collision With Goalkeeper

    Kane Ends 25-Year Wait, Crowned 2026 Ballon d’Or King

    Kane Ends 25-Year Wait, Crowned 2026 Ballon d’Or King

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
  • Home
  • News
  • Business
    Binance Buys Back Tokens After $6.3bn Loss in History’s Biggest Heist Linked to North Korean Hackers

    Binance Buys Back Tokens After $6.3bn Loss in History’s Biggest Heist Linked to North Korean Hackers

    Dangote Group Eyes $36bn Revenue as Lamu Refinery Project Advances

    Dangote Group Eyes $36bn Revenue as Lamu Refinery Project Advances

    Don’t Use School Fees or Sell Your House to Buy Dangote Refinery Shares, Emir Sanusi Warns Nigerians

    Don’t Use School Fees or Sell Your House to Buy Dangote Refinery Shares, Emir Sanusi Warns Nigerians

    SEC Warns Investors as Dangote Refinery Opens N2.15tn Share Offer

    SEC Warns Investors as Dangote Refinery Opens N2.15tn Share Offer

    Johnson & Johnson Offers $5.5bn to End 69,000 Lawsuits Over Claims Baby Powder Caused Ovarian Cancer

    Johnson & Johnson Offers $5.5bn to End 69,000 Lawsuits Over Claims Baby Powder Caused Ovarian Cancer

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    Shocking! Modupe Ozolua Discovers Five – Decade Secret in Bombshell Memoir

    Shocking! Modupe Ozolua Discovers Five – Decade Secret in Bombshell Memoir

    Nigerian Model Oma Osele Wins Miss Continental World 2026 Crown

    Nigerian Model Oma Osele Wins Miss Continental World 2026 Crown

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    ‘Stop Defaming Me Or Face Court Action,’ Toyin Abraham Threatens Warns Bloggers, Influencers Over ‘False’ Claims

    ‘Stop Defaming Me Or Face Court Action,’ Toyin Abraham Threatens Warns Bloggers, Influencers Over ‘False’ Claims

    Singer Felix Duke Arraigned Over Alleged N21.25m Fraud, Gets N10m Bail

    Singer Felix Duke Arraigned Over Alleged N21.25m Fraud, Gets N10m Bail

    “I Could Not Mourn My Husband” — Gbenga Adeboye’s Widow Breaks Silence, Reignites 23-Year Family Feud

    “I Could Not Mourn My Husband” — Gbenga Adeboye’s Widow Breaks Silence, Reignites 23-Year Family Feud

    Shocking! Modupe Ozolua Discovers Five – Decade Secret in Bombshell Memoir

    Shocking! Modupe Ozolua Discovers Five – Decade Secret in Bombshell Memoir

    Ex-Adult Film Star Cindy In Tears, Says ‘I Regret Everything I’ve Done’

    Ex-Adult Film Star Cindy In Tears, Says ‘I Regret Everything I’ve Done’

    D’banj Pours Out His Heart in Emotional Tribute to Late Son – ‘Daddy Loves You Specially’

    D’banj Pours Out His Heart in Emotional Tribute to Late Son – ‘Daddy Loves You Specially’

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Palace Sack Sage After 3-1 Anfield Rout as Liverpool Hammer Final Nail

    Palace Sack Sage After 3-1 Anfield Rout as Liverpool Hammer Final Nail

    Tinubu To Flamingos: You Promised The Trophy, You Kept It — Nigeria Is Proud Of You

    Tinubu To Flamingos: You Promised The Trophy, You Kept It — Nigeria Is Proud Of You

    History Made! Flamingos Beat Japan 2-1 To Win Nigeria’s First U-17 Women’s World Cup

    History Made! Flamingos Beat Japan 2-1 To Win Nigeria’s First U-17 Women’s World Cup

    Tinubu to Flamingos: Go and Bring the Cup Home – ‘Nigeria is Proud of You’

    Tinubu to Flamingos: Go and Bring the Cup Home – ‘Nigeria is Proud of You’

    Tenerife Striker Jesus de Miguel, 30, Dies After Horror Collision With Goalkeeper

    Tenerife Striker Jesus de Miguel, 30, Dies After Horror Collision With Goalkeeper

    Kane Ends 25-Year Wait, Crowned 2026 Ballon d’Or King

    Kane Ends 25-Year Wait, Crowned 2026 Ballon d’Or King

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
No Result
View All Result
Home Opinion

Tinubu’s Tax Trap: How Manufactured Hardship Becomes Political Capital

The Daily Crucible by The Daily Crucible
September 28, 2025
in Opinion
0
Tinubu’s Tax Trap: How Manufactured Hardship Becomes Political Capital

In many countries, birth secures a social safety net, healthcare, unemployment support, even housing subsidies. Here, Nigerians are handed only taxes, suffering and silence

By Dayo DaSilva

In January 2026, Nigerians will wake up to yet another government-imposed burden, a 5% surcharge on all fossil fuel sales. The new tax, written into law as part of a broader fiscal reform agenda, will be collected at the point of sale on every litre of fuel. Only a few energy products such as cooking gas, compressed natural gas and household kerosene have been spared. For millions of Nigerians who rely on petrol and diesel to move, trade and survive, this surcharge is another nail in the coffin of affordability.

You might also like

Tinubu, 2027 And The Price Of Losing Trusted Journalism

Iyabo Obasanjo: Experience They Fear, Value They Cannot Deny

Atiku, Tinubu, Justice Lifu And Death Of “Àà tií gbó̩?

To understand this tax, one must first understand the politics behind it. Since May 2023, President Bola Ahmed Tinubu has presented himself as a reformer. He swept into power with dramatic policy changes, the most controversial being the removal of fuel subsidy, which he justified as a drain on public resources riddled with fraud. Yet rather than sanitise the subsidy process, he simply abolished it. Almost overnight, petrol prices tripled, transport fares skyrocketed and food inflation spun out of control.

The hardship that followed was not accidental. It was, many argue, part of a calculated political script, squeeze Nigerians dry, allow suffering to reach unbearable limits, then introduce selective interventions and targeted subsidies to paint the handler as a saviour later. It is the oldest trick in politics, manufacture the crisis, then pose as the solution.

Tinubu has built his politics on survival, not sincerity. And in the end, this new fossil fuel surcharge is less about fixing Nigeria’s economy than about fixing the stage for his own political performance.

Tinubu’s fiscal policies have followed this same arc. Beyond subsidy removal, his government has introduced or attempted to introduce a raft of new levies, a cybersecurity levy on bank transfers, increased VAT collections, excise duties on beverages, and even withholding and turnover taxes that discourage small business survival. Layered together, these policies have suffocated companies and ordinary citizens alike. Investors are leaving, industries are shrinking and the unemployment line is growing longer.

The newly-announced fossil fuel tax is not just another revenue tool, it is a political device. By sparing certain energy products such as cooking gas, Tinubu creates a controlled space where he can later “ privately subsidise” or selectively “support” citizens in ways that amplify his image as a caring leader. In other words, Nigerians will be forced to bleed first, so that later, any token relief looks like generosity.

The African Playbook of Manufactured Hardship

Tinubu is not the first African leader to wield hardship as a political weapon. Across the continent, rulers have often used policies that strangle their citizens, only to return with half-measures that cement their power.

In Zimbabwe, Robert Mugabe presided over years of economic collapse, hyperinflation and food shortages. Yet whenever discontent peaked, he would distribute land, food aid, or subsidies in a way that rebranded him as the champion of the poor, never mind that his policies caused the suffering in the first place. The strategy was simple, keep the people desperate, then appear indispensable.

In Uganda, Yoweri Museveni mastered the art of selective relief. After introducing taxes and economic measures that strained the population, he would occasionally slash school fees, lower fuel duties, or gift subsidies in rural areas, all while presenting himself as the father who understands the people’s pain. His calculated gestures were less about reform and more about survival in power.

Closer to home, Nigeria under military regimes often employed the same tactic. General Ibrahim Babangida’s Structural Adjustment Program in the late 1980s plunged Nigerians into hardship with devaluation, subsidy cuts and austerity. Yet his government rolled out carefully packaged palliatives like the “Better Life for Rural Women” program, designed to soften resistance and mask the real damage.

What we see today under Tinubu is a continuation of this African playbook. Manufactured hardship becomes the raw material for political capital. Relief is not a right, but a performance staged for maximum political mileage.

“Reform or Ruin?”

Going into experts opinions, economists are divided on Tinubu’s approach, though most agree the burden on citizens is unsustainable.

Dr. Adebayo Adetomiwa, a Lagos-based development economist, argues that “the government is weaponizing reform. Every economy needs restructuring, but in Nigeria’s case, these reforms are being pushed without shock absorbers. You cannot overtax poverty and expect prosperity.”

Professor Grace Onwubiko of the University of Nigeria paints an even bleaker picture saying “What Tinubu is doing is classic crisis politics. He takes away lifelines, fuel subsidy, exchange stability, then returns with selective handouts. It creates the illusion of control but leaves the system weaker. It is unsustainable and dangerous for national stability.”

International observers have also raised concerns. A recent policy note from a West African macroeconomic research group concluded that, “Tinubu’s taxation and heavy reforms risk shrinking the Nigerian middle class, deepening poverty and accelerating corporate exits from Africa’s largest market.”

The Data: Inflation, Unemployment and Corporate Exits

The lived reality is confirmed by hard numbers. Since May 2023, inflation has surged above 30%, with food inflation crossing 40%, the highest in decades. Basic staples like rice, bread and cooking oil are now out of reach for millions.

Unemployment and underemployment together hover near 50%, with many university graduates joining the swelling ranks of street vendors, commercial riders and gig workers.

Corporate exits tell another story. Major firms such as GlaxoSmithKline, Procter & Gamble and several manufacturing companies have either shut down or relocated operations, citing rising costs, tax pressure and an unstable naira.

Foreign investment inflows have dropped by nearly half, as Nigeria loses competitiveness to smaller but more stable African economies like Kenya, Ghana and Rwanda.

These numbers reveal more than an economic downturn, they point to a deliberate system of extraction where survival itself is taxed.

What Responsible Governance Should Look Like

In a responsible government, taxation is never the first tool for solving economic challenges, it is the last. True leadership creates an enabling environment for businesses to thrive, builds critical infrastructure like roads, power and rail, and such government is intentional about stimulating productivity. When citizens are empowered with opportunities, when industries are supported and when innovation is encouraged, the economy naturally expands. It is from such growth that responsible taxation can be drawn lightly, transparently and in a way that builds trust between the state and its people.

Unfortunately, Nigeria’s leadership has often taken the opposite path. The failure of government to plan, support and innovate has been turned into an excuse to squeeze citizens dry. Instead of accountability, Nigerians face endless levies. Instead of ingenuity, they face repeated demands for money that cannot be traced to tangible outcomes. Taxation, in this model, becomes punishment for the people’s resilience rather than partnership in national development. A government devoid of ideas has chosen over-taxation as its shortcut and the people are left to carry the weight of its failures.

But it raises a deeper question, what exactly is a Nigerian entitled to as a citizen? In many countries, birth secures a social safety net, healthcare, unemployment support, even housing subsidies. Here, Nigerians are handed only taxes, suffering and silence. Is being born in Nigeria a crime, when elsewhere citizenship is a guarantee of dignity and opportunity?

The Danger of the Second Term

The real threat lies in the future. If Nigerians fall for the illusion and reward Tinubu with a second term, the cycle of engineered suffering and selective rescue will only deepen. The next four years could bring more taxes, more inflation and more deliberate scarcity, all justified as reform, all orchestrated to keep citizens dependent on the man at the top.

Nigeria is already groaning. Depression, silent suffering and mass poverty are no longer statistics, they are daily realities. What is happening is not reform but extraction. What is at stake is not subsidy or taxation but truth itself, whether Nigerians can see through the manipulation and resist a future built on deliberate suffering.

Tinubu has built his politics on survival, not sincerity. And in the end, this new fossil fuel surcharge is less about fixing Nigeria’s economy than about fixing the stage for his own political performance.

•Dayo DaSilva (amncs, arpa) is a media Professional and Publisher.

Email: dsv123ng@yahoo.com

•Opinions, positions or thoughts expressed here are personal and strictly of the writer/author and do not represent the views of The Daily Crucible. 

Previous Post

PadHer Championing Fight Against Period Poverty In Nigeria, Other African Countries

Next Post

Financial Mistakes Most Start Ups Make

The Daily Crucible

The Daily Crucible

The Daily Crucible Newspaper is an authoritative independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, progress and greatness, given the heterogeneity of her citizens. We shall vigorously pursue this vision and anchor it on tripod of truth, justice and fairness. We shall feed the public with robust information they need to make informed decision on issues and matters that affect them, promote human - capital development, freedom and free market enterprise. Our loyalty shall be to Nigeria and public interest, and shall respect ethnic, religious and political diversity without being partisan and sectional.

Related Posts

Tinubu, 2027 And The Price Of Losing Trusted Journalism
Opinion

Tinubu, 2027 And The Price Of Losing Trusted Journalism

by The Daily Crucible
November 13, 2026
Iyabo Obasanjo: Experience They Fear, Value They Cannot Deny
Opinion

Iyabo Obasanjo: Experience They Fear, Value They Cannot Deny

by The Daily Crucible
November 10, 2026
Atiku, Tinubu, Justice Lifu And Death Of “Àà tií gbó̩?
Opinion

Atiku, Tinubu, Justice Lifu And Death Of “Àà tií gbó̩?

by The Daily Crucible
November 8, 2026
Adultery Was Not a Sin in Nnewi Until The Whiteman Arrived With His Religion 
Opinion

Adultery Was Not a Sin in Nnewi Until The Whiteman Arrived With His Religion 

by The Daily Crucible
November 8, 2026
Beyond the APC Conspiracy Narrative: How ADC’s Internal Leadership Crisis Became Atiku’s Legal and Political Burden
Opinion

Beyond the APC Conspiracy Narrative: How ADC’s Internal Leadership Crisis Became Atiku’s Legal and Political Burden

by The Daily Crucible
November 7, 2026
Next Post
Financial Mistakes Most Start Ups Make

Financial Mistakes Most Start Ups Make

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Advertisement

Advertisement

Recent News

Kano Governor’s Second Wife Files For Divorce, Offers To Return Dowry

Kano Governor’s Second Wife Files For Divorce, Offers To Return Dowry

November 14, 2026
Aerofield Homes Wins BusinessDay Real Estate Entrepreneur of The Year Award Again

Aerofield Homes Wins BusinessDay Real Estate Entrepreneur of The Year Award Again

November 14, 2026
US Accuses North Korea of Using Cryptocurrency Theft to Fund Country’s Rogue Regime

US Accuses North Korea of Using Cryptocurrency Theft to Fund Country’s Rogue Regime

November 14, 2026
FBI Hunts Bomber After Live Bomb Found at Illinois Ethanol Plant, 5,000 Evacuated

FBI Hunts Bomber After Live Bomb Found at Illinois Ethanol Plant, 5,000 Evacuated

November 14, 2026
Governor Bala Mohammed Suspends Emir Yakubu Aliyu of Lame

Governor Bala Mohammed Suspends Emir Yakubu Aliyu of Lame

November 14, 2026
Chaos In US Skies: Hundreds Of Thousands Stranded As FAA Grounds All Flights

Chaos In US Skies: Hundreds Of Thousands Stranded As FAA Grounds All Flights

November 14, 2026
‘Stop Defaming Me Or Face Court Action,’ Toyin Abraham Threatens Warns Bloggers, Influencers Over ‘False’ Claims

‘Stop Defaming Me Or Face Court Action,’ Toyin Abraham Threatens Warns Bloggers, Influencers Over ‘False’ Claims

November 14, 2026

Keyamo’s Aide Fires Back At Ojudu: You’re Attacking Minister Out Of Hatred For Tinubu

November 14, 2026
Police Arraign Prophet for Filming Toluwanisings’ Corpse, Subjecting the Remains to Indignity 

Police Arraign Prophet for Filming Toluwanisings’ Corpse, Subjecting the Remains to Indignity 

November 13, 2026
2027: Crush Thuggery, Tinubu Orders Security Agencies 

2027: Crush Thuggery, Tinubu Orders Security Agencies 

November 13, 2026
The Daily Crucible

The Daily Crucible Newspaper is an authoritative and independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, peace, progress, and greatness, given the heterogeneity of its citizens.

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.

No Result
View All Result
  • Home
  • News
  • Politics
  • Property
  • Business
  • Education
  • Health
  • Entertainment
  • About Us

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.