Tag: Fuel prices
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Kwankwaso Promises New Fuel Subsidy Model, Says NDC Will Cut Petrol Prices
By George Omagbemi The fuel subsidy debate has returned to the centre of Nigeria’s 2027 political conversation as Rabiu Musa Kwankwaso, vice-presidential candidate of the Nigeria Democratic Congress (NDC), says an NDC government would reintroduce subsidy through a different model if elected. Kwankwaso made the statement on Tuesday, September 22, 2026, during an interview with…
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Middle East Tensions Force Nigerian Fuel Prices to Record Highs in Abuja and Lagos
By George Omagbemi Sylvester Nigerian consumers are grappling with soaring petrol prices, with the retail cost hitting ₦960 per litre in Abuja and ₦935 in Lagos, as regional instability in the Middle East drives up crude oil costs globally. Fuel marketers and the Petroleum Products Pricing Regulatory Agency (PPPRA) confirmed the price adjustments on March 4, 2026,…