The Nigeria fuel price crisis 2026 has moved into a new phase as public sector workers threaten October 2 strike to last three days, while presidential candidate Peter Obi has pledged to restore petrol subsidy if elected in 2027. The Joint National Public Service Negotiating Council (JNPSNC) has given the Federal Government until September 30…
The Nigeria 2027 presidential election is already producing a major debate over what opposition candidates would do differently, with fuel prices and the future of petrol pricing emerging as key issues. Oyo State Governor and Allied Peoples Movement presidential candidate Seyi Makinde has rejected a return to the old fuel subsidy system, instead proposing cheaper…
Nigeria says its subsidy reforms freed up ₦15.8 trillion between June 2023 and December 2025. But as crude oil prices climb again, the latest petrol price increase from the Dangote Refinery shows why the real test of the reforms is not simply how much government saves, but whether Nigerians can actually feel the benefit. Finance…
The Federal Government has released a new Reform Scorecard defending the economic policies of President Bola Tinubu’s administration and arguing that the painful changes of the past three years have helped Nigeria avoid an even deeper economic crisis. Presented by Finance Minister and Coordinating Minister of the Economy Taiwo Oyedele on Wednesday, the scorecard says…
The Federal Government has explained how savings from the removal of fuel and foreign exchange subsidies have been spent, saying the funds have largely gone into servicing debt, paying higher salaries under the new minimum wage, and financing student loans rather than being left idle. Speaking at the 7th African Emerging Markets Forum in Abuja,…
