President Tinubu Breaks Silence on Increase in Petrol Price: President Bola Tinubu rejected the idea of raising petrol prices nationwide when discussing fuel supply and demand. He spoke to reporters at the presidential villa on Tuesday, affirming his dedication to maintaining competitiveness in the petroleum sector. The president encouraged Nigerians to stay calm and not get unnecessarily stressed about the issue, mentioning that there was no need to be worried.

Bola Tinubu
Bola tinubu

President Tinubu Breaks Silence on Increase in Petrol Price

President Bola Tinubu rejected the widespread rumor about a potential petrol price increase. He also reaffirmed his dedication to maintaining competitiveness in the petroleum sector. Ajuri Ngelale, the President’s spokesperson, clarified this on Tuesday, August 15, while speaking to state house correspondents about the fuel supply and demand situation in Nigeria,

Fuel price in Niger is the Cheapest in West Africa, According to the Presidency

Following the recent threat from the Nigeria Labour Congress (NLC), the president appealed to stakeholders and Nigerians to remain composed and prevent unwarranted stress.

President Tinubu Breaks Silence on Increase in Petrol Price
President Tinubu Breaks Silence on Increase in Petrol Price

President Tinubu recognized problems in the middle and end parts of the oil industry. He said they would keep the policy of reducing government control. Ngelale said fuel prices in Nigeria were the lowest in West Africa. The president asked Nigerians to wait and promised to be open about problems, like currency issues from the past mistakes of Nigeria’s central bank.

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