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Is Nigeria’s petrol subsidy returning? Investors face uncertainty

Fuel tanker truck navigating city roads. Photo @ Pexels
Fuel tanker truck navigating city roads. Photo @ Pexels
  • Nigeria’s ₦1,350 petrol cost ceiling raises concerns about subsidy return.
  • Refiners question financial risks

 

ABUJA, NIGERIA – Nigeria’s plan to curb soaring petrol prices is testing the credibility of President Bola Tinubu‘s subsidy reforms, raising questions about who ultimately pays.

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