Post by Henry Emeka (@Emekus)
Fuel was about ₦198–₦200 per litre in Nigeria just before President Tinubu removed the subsidy on May 29, 2023.
What this means right before the subsidy removal, petrol was selling at roughly ₦198–₦200/litre, a price maintained under the previous administration. Immediately after Tinubu’s announcement that “fuel subsidy is gone”, the pump price jumped sharply to ₦617/litre, marking one of the fastest price increases in Nigeria’s fuel history.
https://www.thenigerianvoice.com/news/367507/tinubu-wont-bring-back-fuel-subsidy-minister-taiwo-oyedele.html?utm_source=copilot.com
https://dailypost.ng/2026/05/06/nigeria-wont-restore-fuel-subsidy-oyedele/?utm_source=copilot.com
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