TY - JOUR T1 - A Theoretical Framework for the Analysis of Nigeria's Petrol Subsidy (Part 1) AU - J. Iyalla, Apiribo JO - Journal of Economics Theory VL - 12 IS - 2-6 SP - 25 EP - 27 PY - 2018 DA - 2001/08/19 SN - 1994-8212 DO - jeth.2018.25.27 UR - https://makhillpublications.co/view-article.php?doi=jeth.2018.25.27 KW - International trade in petroleum products KW -optimal subsidies KW -import subsidization KW -minor changes KW -crude oil KW -optimal subsidy AB - This study provides a simple theoretical framework with which to analyze the effects of Nigeria's petrol subsidy on welfare. We are able to show how a subsidy can improve societal welfare but minor changes to assumptions can negate the results. In particular, rises in crude oil prices can make the optimal subsidy negative. ER -