Obasanjo further emphasised the importance of building investor confidence in Nigeria, advocating for a shift from a transactional to a transformational economy. In a surprising turn of events, former President Olusegun Obasanjo has revealed that the fuel subsidy, removed by the Federal Government in 2023, has been reintroduced due to rampant inflation.This comes after President Bola Tinubu’s firm declaration during his May 29, 2023, inaugural address that the subsidy was abolished. The removal of the subsidy had led to a steep increase in petrol prices, which skyrocketed from around ₦200 to o…