Nigeria Fuel Subsidy Return Could Cost N21 Trillion, Lokpobiri Warns
Nigeria’s debate over the petrol subsidy reinstatement is becoming a major economic and political issue ahead of the 2027 elections, with Minister of State for Petroleum Resources Heineken Lokpobiri warning that the country cannot afford to return to the old system. Lokpobiri said Nigeria could face an annual petrol subsidy bill of about N21 trillion…