The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Friday clarified that President Bola Tinubu’s administration is not restoring the subsidy on petroleum products.
Recall that Tinubu declared an end to the fuel subsidy regime during his presidential inauguration in Abuja in 2023.
The removal led to an increase in the pump price of fuel across the country.
On Thursday, Oyedele announced a 30-day fuel price discount at all Nigerian National Petroleum Company Limited (NNPCL) filling stations across Nigeria.
