IMPLICATIONS OF FUEL SUBSIDY REMOVAL ON THE INCOME OF TAXI DRIVERS IN ABUJA METROPOLIS, 2010-2024

The study explored the implications of fuel subsidy removal on the income of taxi drivers in Abuja metropolis, with the primary objective bound to Examines the Implications of fuel subsidy removal on the income of taxi drivers in Abuja metropolis,2010-2024. The study adopted Income Determinism to serve as it theoretical guide. To achieve the objectives of the study, a mixed research design which entails both qualitative and quantitative approaches were employed. The study revealed that removal of fuel subsidies in Nigeria has had a profound impact on the income of taxi drivers in Abuja Metropolis and negatively affected their livelihoods. The study concluded that the impact of fuel subsidy removal on taxi drivers is not just economic; it also has social and psychological implications. Many taxi drivers are breadwinners for their families, and the reduction in their income has led to increased stress, anxiety, and uncertainty. Base on the findings, the study recommended that government should establish well-structured support programs specifically designed for taxi drivers, including financial assistance, training, and access to affordable alternative fuels like CNG. This will help enhance their economic resilience and adaptability in the face of changing fuel prices.