EFFECT OF FUEL SUBSIDY REMOVAL ON EMPLOYEES' PERFORMANCE IN FEDERAL UNIVERSITY, GUSAU
Keywords:
Fuel Subsidy, Fuel Prices, Inflation Rate, Transportation CostAbstract
Background: Fuel subsidy removal has been a subject of considerable debate and analysis, with far-reaching implications for various sectors of the economy. Aims: This study investigates the effect of fuel subsidy removal on employees' performance at the Federal University, Gusau. Methods: Using primary data sources, the study had a sample of 264 participants from a population of 950. Fuel subsidy removal was measured by changes in fuel prices, adjustments in transportation costs, and fluctuations in inflation rates, while employees' performance was assessed based on attendance and punctuality. The Statistical Package for the Social Sciences (SPSS) was used for the data analysis. Conclusions: The findings indicate that both changes in fuel prices and adjustments in transportation costs exert a positive and significant influence on employees' levels of attendance and punctuality. However, fluctuations in inflation rates were found to have an insignificant effect on employees' performance. Recommendations: It is recommended that the management of FUGUS should design a strategy for supportive measures to alleviate the adverse effects of fuel subsidy removal on employees' performance.