Subsidy: Petrol in Nigeria cheapest, most affordable in West Africa- Presidency

Subsidy: Petrol in Nigeria cheapest, most affordable in West Africa- Presidency

***Assures no further hike in fuel price

Amidst the hike in the cost of living brought about by the removal of petrol subsidy which has led to a corresponding increase in fuel prices, the Presidency on Tuesday said Nigeria is currently the only country in West Africa enjoying the cheapest and most affordable price of PMS, the Special Adviser to the President on Media and Publicity, Ajuri Ngelale told State House correspondents.

The presidential aide also noted that the daily consumption of fuel had dropped from 67 million litres to 46 million litres following the removal of subsidy.

Ngelale who stated that he spoke to President Bola Tinubu on Tuesday morning noted that the President urged stakeholders in the country to hold their peace while adding that the threats of an indefinite strike by the organised labour were premature.

He said, “The President wishes first to state that it is incumbent upon all stakeholders in the country to hold their peace. We…

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