Cynthia Morgan To Tinubu: Hardship Is Unbearable, Subsidy Removal Needs Review

Nigerian Singer Madrina Speaks on Economic Crisis and Fuel Subsidy Removal

Nigerian singer Cynthia Morgan, now known as Madrina, has voiced her concerns over the worsening economic crisis in Nigeria. In a recent TikTok video, she urged President Bola Ahmed Tinubu to take urgent steps to mitigate the hardship caused by the removal of the fuel subsidy.

Madrina admitted she initially supported the subsidy removal policy, believing it was a necessary step for economic progress. However, she now acknowledges that Nigeria lacks the structural framework to sustain a complete removal, leading to inflation, rising petrol prices, and increased cost of living.

Economic Impact of Fuel Subsidy Removal

In her video statement, Madrina highlighted key financial concerns:

Nigeria’s total annual revenue (2023/2024) is around $20 billion, yet approximately $7 billion was spent on subsidized petroleum products, an unsustainable approach.
Fuel prices control nearly 90% of market commodities, contributing to inflation.
The Naira’s depreciation against the U.S. Dollar has worsened due to higher import dependency.
Nigeria’s GDP per capita is currently $860, signaling economic distress.

Madrina emphasized that Nigeria is not yet ready for 100% subsidy removal, as rising hunger and crime rates indicate severe financial strain among citizens.

A Call for Government Action

The singer appealed to President Tinubu’s administration to consider reinstating at least 50% of the fuel subsidy, acknowledging that while subsidy removal could be beneficial in the long run, the country is currently ill-prepared for its full implementation.

Madrina discouraged public outrage or protests, instead advocating for a “begging challenge”—a collective plea to the government to reassess its economic policies and introduce relief measures for struggling Nigerians.

Historical Context of Nigeria’s Fuel Subsidy

The subsidy system, first introduced under former President Olusegun Obasanjo, has been a contentious economic issue for decades. While President Tinubu aims to redirect subsidy funds into national development, critics argue that lack of proper economic structures makes immediate subsidy removal unsustainable.

For further insights on Nigeria’s economic policies and fuel subsidy history, refer to this report by the World Bank.