[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1haha5ahsyuls":3,"$f37ypmzg2052al":49,"$f9gu6o9jcsxdi":88,"$f3g2vfgazl5es6":1797,"$f3e3jbbcdn2vfp":1849,"$f5btqexddoxme":1944},{"status_code":4,"message":5,"data":6},200,"Top navigation retrieved successfully",[7,13,19,25,31,37,43],{"id":8,"createdAt":9,"updatedAt":10,"name":11,"slug":12},"b2fd4aec-5546-486a-a3f4-eea60b1434f5","2026-03-26T09:17:24.918Z","2026-04-23T08:59:18.000Z","Hot Topics","hot-topics",{"id":14,"createdAt":15,"updatedAt":16,"name":17,"slug":18},"61adefb2-a0a9-4d1d-a02a-7168a954b173","2026-03-26T09:12:43.334Z","2026-05-21T22:16:04.000Z","Politics","politics",{"id":20,"createdAt":21,"updatedAt":22,"name":23,"slug":24},"412ac379-b7f4-41e6-9284-1b23abd75193","2026-03-26T09:08:28.975Z","2026-04-22T15:05:10.000Z","Global Updates","global-updates",{"id":26,"createdAt":27,"updatedAt":28,"name":29,"slug":30},"01411baa-e805-4390-8629-929c4f90c093","2026-03-25T11:58:27.451Z","2026-05-21T11:24:07.000Z","Entertainment","entertainment",{"id":32,"createdAt":33,"updatedAt":34,"name":35,"slug":36},"f533efbb-008f-4539-9a0b-c6f71297a9f4","2026-03-25T11:41:34.472Z","2026-05-21T16:44:38.000Z","Business","business",{"id":38,"createdAt":39,"updatedAt":40,"name":41,"slug":42},"556591a5-3420-482a-9592-6b4ae49829b3","2026-03-25T11:40:22.480Z","2026-05-21T16:39:17.000Z","Sports","sports",{"id":44,"createdAt":45,"updatedAt":46,"name":47,"slug":48},"07a1a269-9188-41fc-9145-0ab7ca6d29e6","2026-03-25T11:39:56.272Z","2026-05-21T16:37:48.000Z","Africa","africa",{"status_code":4,"message":50,"data":51},"List of Posts retrieve successfully",{"id":52,"createdAt":53,"updatedAt":54,"title":55,"excerpt":56,"content":57,"slug":58,"topic":59,"tags":64,"image":75,"author":76,"feed":77,"views":84,"type":85,"readTime":86,"externalSourceUrl":87},"194b62a1-3773-4a47-a0b4-01baa721b279","2026-10-09T06:00:00.350Z","2026-10-09T09:34:54.000Z","Fuel price: Resign, go back to school – SDP’s Adebayo tells Tinubu, team","The Social Democratic Party, SDP, presidential candidate, Adewole Adebayo, has advised President Bola Tinubu and his team to resign and go back to school. Adebayo said this on Thursday while responding to questions in an interview on Channels Television’s Politics Today. His advice stemmed from the announcement of 30-day discount on fuel sold by the […]\nFuel price: Resign, go back to school – SDP’s Adebayo tells Tinubu, team","\u003Cimg width=\"2327\" height=\"1833\" src=\"https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F06\u002FSDPs-Adebayo.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin: auto; margin-bottom: 5px;max-width: 100%;\" link_thumbnail=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F06\u002FSDPs-Adebayo.jpg 2327w, https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F06\u002FSDPs-Adebayo-300x236.jpg 300w, https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F06\u002FSDPs-Adebayo-1024x807.jpg 1024w, https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F06\u002FSDPs-Adebayo-1536x1210.jpg 1536w, https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F06\u002FSDPs-Adebayo-2048x1613.jpg 2048w\" sizes=\"auto, (max-width: 2327px) 100vw, 2327px\" \u002F>\n\u003Cp>The Social Democratic Party, SDP, presidential candidate, Adewole Adebayo, has advised President Bola Tinubu and his team to resign and go back to school.\u003C\u002Fp>\n\n\n\n\u003Cp>Adebayo said this on Thursday while responding to questions in an interview on Channels Television&#8217;s Politics Today.\u003C\u002Fp>\n\n\n\n\u003Cp>His advice stemmed from the announcement of 30-day discount on fuel sold by the Nigerian National Petroleum Company Limited, NNPCL.\u003C\u002Fp>\n\n\n\n\u003Cp>Recall that the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Thursday said the Federal Government is \u003Ca href=\"https:\u002F\u002Fdailypost.ng\u002F2026\u002F10\u002F08\u002Ffg-announces-30-day-discount-on-petrol-sold-by-nnpc\">offering a discount on petrol\u003C\u002Fa> dispensed by the Nigerian National Petroleum Company Limited, NNPCL, for the next 30 days.\u003C\u002Fp>\n\n\n\n\u003Cp>Reacting, Adebayo said, &#8220;If I were in their shoes, I would resign and go back to school and learn economics properly, so that I don’t cause harm to the government and to the people.\u003C\u002Fp>\n\n\n\n\u003Cp>&#8220;President Tinubu&#8217;s fuel discount reminds me of Fuji House of Commotion. What they&#8217;re presenting is Tinubu&#8217;s house of commotion. It doesn&#8217;t make any sense.\u003C\u002Fp>\n\n\n\n\u003Cp>&#8220;None of those people at the press conference represent the NNPC. NNPC is a government agency that has its own management.\u003C\u002Fp>\n\n\n\n\u003Cp>&#8220;There&#8217;s no account in the Ministry of Finance that deals with fuel discounts. One month is not even short-term. It&#8217;s a flash in the pan.\u003C\u002Fp>\n\n\n\n\u003Cp>&#8220;They didn&#8217;t refer to any law that authorized them to do the fuel discount. It looks to me that President Tinubu&#8217;s government is confused.&#8221;\u003C\u002Fp>\n\u003Cp>\u003Ca href=\"https:\u002F\u002Fdailypost.ng\u002F2026\u002F10\u002F09\u002Ffuel-price-resign-go-back-to-school-sdps-adebayo-tells-tinubu-team\u002F\">Fuel price: Resign, go back to school – SDP&#8217;s Adebayo tells Tinubu, team\u003C\u002Fa>\u003C\u002Fp>\n","fuel-price-resign-go-back-to-school-sdps-adebayo-tells-tinubu-team",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},"5d66d3d9-40ee-493e-9aef-f101a26d4b74","2026-06-23T09:40:58.464Z","PMS","pms",[65,66,67,68,69,70,71,72,73,74],"fuel","price","resign","back","school","sdps","adebayo","tells","tinubu","team","https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F06\u002FSDPs-Adebayo.jpg",null,{"id":78,"createdAt":79,"updatedAt":80,"name":81,"image":82,"slug":83},"87678139-216f-4786-b9b2-a4e8155e5649","2026-03-25T11:55:31.204Z","2026-08-13T13:05:10.144Z","Daily 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cutting fuel price really means’ – Presidency explains","The Presidency has clarified the Federal Government’s plan to reduce the burden of rising petrol prices on Nigerians. According to the government, the Nigerian National Petroleum Company (NNPC) will suspend its retail profit margin and sell petrol at cost for the next 30 days, targeting vulnerable households and commercial transport operators. The clarification was contained […]\n‘What cutting fuel price really means’ – Presidency explains","\u003Cimg width=\"2197\" height=\"1463\" src=\"https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2020\u002F08\u002Ffuel.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin: auto; margin-bottom: 5px;max-width: 100%;\" link_thumbnail=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2020\u002F08\u002Ffuel.jpg 2197w, https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2020\u002F08\u002Ffuel-300x200.jpg 300w, https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2020\u002F08\u002Ffuel-1024x682.jpg 1024w, https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2020\u002F08\u002Ffuel-1536x1023.jpg 1536w, https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2020\u002F08\u002Ffuel-2048x1364.jpg 2048w\" sizes=\"auto, (max-width: 2197px) 100vw, 2197px\" \u002F>\n\u003Cp>The Presidency has clarified the Federal Government’s plan to reduce the burden of rising petrol prices on Nigerians.\u003C\u002Fp>\n\n\n\n\u003Cp>According to the government, the Nigerian National Petroleum Company (NNPC) will suspend its retail profit margin and sell petrol at cost for the next 30 days, targeting vulnerable households and commercial transport operators.\u003C\u002Fp>\n\n\n\n\u003Cp>The clarification was contained in a statement on Thursday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga.\u003C\u002Fp>\n\n\n\n\u003Cp>The Presidency said the new arrangement was announced by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Thursday, as part of fresh measures to cushion the effect of the recent hike in global crude oil and petrol prices.\u003C\u002Fp>\n\n\n\n\u003Cp>Under the plan, NNPC Retail will sell petrol without its usual profit margin during the 30-day period. This means if the landing cost is N1,300 per litre, the company will sell at N1,300 without adding any margin.\u003C\u002Fp>\n\n\n\n\u003Cp>The measure, which has the backing of President Bola Tinubu, is expected to prioritise public transport operators and offer some relief to households struggling with high transport and living costs.\u003C\u002Fp>\n\n\n\n\u003Cp>Oyedele stressed that the decision should not be seen as a return to the petrol subsidy removed by Tinubu on May 29, 2023. He expressed hope that other marketers would take a cue from NNPC as the government responds to rising global prices.\u003C\u002Fp>\n\n\n\n\u003Cp>The Presidency added that the increase in international crude prices and its pressure on local petrol prices are not expected to last forever, hence the need for a temporary measure to ease the burden on Nigerians without rolling back fuel market reforms.\u003C\u002Fp>\n\n\n\n\u003Cp>“The Nigerian National Petroleum Company (NNPC) agreed today to forgo its petrol retail profit margin and sell to Nigerians at cost to cushion the impact of global crude oil price shocks and volatility on vulnerable households.\u003C\u002Fp>\n\n\n\n\u003Cp>“NNPC Retail, which already sells petrol at the lowest price in the market, will offer this new deal within the next 30 days. This means if NNPC’s landing cost is N1,300, it will sell fuel to Nigerians, especially commercial transport operators, at the same price.\u003C\u002Fp>\n\n\n\n\u003Cp>“The company’s discount gesture, backed by President Bola Ahmed Tinubu, was among the raft of measures the Finance Minister and Coordinating Minister of the Economy, Taiwo Oyedele, announced today,” the Presidency said in a statement.\u003Cbr>\u003C\u002Fp>\n\u003Cp>\u003Ca href=\"https:\u002F\u002Fdailypost.ng\u002F2026\u002F10\u002F08\u002Fwhat-cutting-fuel-price-really-means-presidency-explains\u002F\">&#8216;What cutting fuel price really means&#8217; – Presidency explains\u003C\u002Fa>\u003C\u002Fp>\n","what-cutting-fuel-price-really-means-presidency-explains",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[1861,1862,65,66,1863,1864,1865,1866],"what","cutting","really","means","presidency","explains","https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2020\u002F08\u002Ffuel.jpg",{"id":78,"createdAt":79,"updatedAt":80,"name":81,"image":82,"slug":83},20,"https:\u002F\u002Fdailypost.ng\u002F2026\u002F10\u002F08\u002Fwhat-cutting-fuel-price-really-means-presidency-explains\u002F",{"id":1872,"createdAt":1873,"updatedAt":1874,"title":1875,"excerpt":1876,"content":1877,"slug":1878,"topic":1879,"tags":1880,"image":1884,"author":76,"feed":1885,"views":1892,"type":85,"readTime":1893,"externalSourceUrl":1894},"315c6990-9f61-43c7-9557-d6c0eca1a895","2026-10-08T20:50:00.678Z","2026-10-09T09:58:51.000Z","Petrol discount not subsidy — Presidency","The Presidency says a new measure for NNPC to sell petrol at cost price is a discount to cushion price shocks, not a return of the fuel subsidy.\n\nRead More: https:\u002F\u002Fpunchng.com\u002Fpetrol-discount-not-subsidy-presidency\u002F","\n\nThe Presidency says a new measure for NNPC to sell petrol at cost price is a discount to cushion price shocks, not a return of the fuel subsidy.\n\nRead More: https:\u002F\u002Fpunchng.com\u002Fpetrol-discount-not-subsidy-presidency\u002F","petrol-discount-not-subsidy-presidency",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[1881,1882,1883,1865],"petrol","discount","subsidy","https:\u002F\u002Fcdn.punchng.com\u002Fwp-content\u002Fuploads\u002F2026\u002F10\u002F01083912\u002F8600d15f-07f7-4720-82ee-3fc38fbe3b4f_1790840352.webp",{"id":1886,"createdAt":1887,"updatedAt":1888,"name":1889,"image":1890,"slug":1891},"ade0b341-0401-468c-a175-895514f214f9","2026-03-25T12:04:21.064Z","2026-08-13T13:05:50.352Z","Punch Nigeria","https:\u002F\u002Fcdn.oneclickafrica.com\u002Ffeed\u002Ff63ca011-8a2c-4617-b784-b78e461d5bb1.png","punch-nigeria",17,1,"https:\u002F\u002Fpunchng.com\u002Fpetrol-discount-not-subsidy-presidency\u002F?utm_source=rss.punchng.com&utm_medium=web",{"id":1896,"createdAt":1897,"updatedAt":1898,"title":1899,"excerpt":1900,"content":1901,"slug":1902,"topic":1903,"tags":1904,"image":1910,"author":76,"feed":1911,"views":1918,"type":85,"readTime":84,"externalSourceUrl":1919},"29b97d02-5076-4b3f-98de-ca627ac612e0","2026-10-08T15:50:00.405Z","2026-10-09T07:28:23.000Z","Hardship: FG proposes N1,350 ceiling for petrol ex-gantry","\"We are introducing price modulation. Pump prices should not have to follow every swing in global crude or exchange rate. The government is negotiating a ceiling of N1,350 a litre on the ex-gantry cost of petrol to keep pump prices stable,\" he said.\nThe post Hardship: FG proposes N1,350 ceiling for petrol ex-gantry appeared first on Vanguard News.","\u003Cimg width=\"679\" height=\"545\" src=\"https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2025\u002F12\u002FTaiwo-Oyedele.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"Hardship: FG proposes N1,350 ceiling for petrol ex-gantry\" decoding=\"async\" fetchpriority=\"high\" srcset=\"https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2025\u002F12\u002FTaiwo-Oyedele.jpg 679w, https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2025\u002F12\u002FTaiwo-Oyedele-300x241.jpg 300w\" sizes=\"(max-width: 679px) 100vw, 679px\" \u002F>\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>By Ayobami Okerinde\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">The Federal Government is planning to negotiate a ceiling of N1,350 per litre on the ex-gantry cost of petrol in a move aimed at shielding pump prices from fluctuations in global crude oil prices and exchange rates.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">Taiwo Oyedele, Minister of Finance and Coordinating Minister of the Economy, disclosed this on Thursday in Abuja while addressing a press conference on fuel prices and subsidy-related questions.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">However, Oyedele acknowledged that the measures being proposed by the Federal Government would not completely ease the pressure on households.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">He then outlined the proposed measures, including the N1,350 ceiling on the ex-gantry or landing cost of petrol, which he said was designed to reduce volatility in pump prices.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">&#8220;We are introducing price modulation. Pump prices should not have to follow every swing in global crude or exchange rate. The government is negotiating a ceiling of N1,350 a litre on the ex-gantry cost of petrol to keep pump prices stable,&#8221; he said.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">According to him, where the actual cost rises above the ceiling, refiners and importers would bear the shortfall and recover it later when crude prices or exchange rates become favourable, without breaching the ceiling.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">“This is neither a subsidy nor a price control; it is designed to smooth prices over time, rather than suppressing them,” Oyedele said.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">He explained that the objective was to prevent sharp swings in pump prices, saying, &#8220;The reason is simple: N1,400 a litre today and tomorrow is better than N1,500 today and N1,300 tomorrow, because volatility itself adds to uncertainty and fuels go up sharply; they rarely come down as fast.”\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">Oyedele said the ceiling would be reviewed monthly, with adjustments made where necessary and the figures published for transparency.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">He also announced a 30-day discount on petrol dispensed by NNPC Limited, with priority given to public transporters nationwide, while insisting that the measure was not a subsidy.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">Recall that \u003Ca href=\"https:\u002F\u002Fwww.vanguardngr.com\u002F2026\u002F10\u002Fnnpc-rolls-out-%E2%82%A666-fuel-discount-across-nigeria\u002F\">Vanguard\u003C\u002Fa> had earlier reported that the NNPC limited announced a ₦66 fuel discount for customers using the NNPC Fuel App at its stations nationwide.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">“We are offering a discount on petrol dispensed by NNPC Limited for the next 30 days in the first instance with priority for public transporters nationwide. It&#8217;s not a subsidy; the government is saying we sell to you at a cost,” he said.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">The minister said the government was also working on forward crude sales to domestic refiners, adding that rising production would help shield pump prices from volatility in the international market.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">“We&#8217;re working with the states across the federation under the new tax laws. We are reigning in the taxes and levies that inflate fuel and logistics costs,” he added.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">Oyedele said the government was also increasing funding for cash transfers to vulnerable households and subsidising credit for small businesses and consumers, while working with state governments to accelerate the rollout of compressed natural gas.\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">The proposed measures come amid a renewed political debate over fuel subsidies, with African Democratic Congress (ADC) presidential candidate Atiku Abubakar and Nigeria Democratic Congress (NDC) presidential candidate Peter Obi promising to restore the subsidy if elected in 2027.\u003C\u002Fp>\n\u003Cp>The post \u003Ca href=\"https:\u002F\u002Fwww.vanguardngr.com\u002F2026\u002F10\u002Fhardship-fg-proposes-n1350-ceiling-for-petrol-ex-gantry\u002F\">Hardship: FG proposes N1,350 ceiling for petrol ex-gantry\u003C\u002Fa> appeared first on \u003Ca href=\"https:\u002F\u002Fwww.vanguardngr.com\">Vanguard News\u003C\u002Fa>.\u003C\u002Fp>\n","hardship-fg-proposes-n1350-ceiling-for-petrol-ex-gantry",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[1905,1906,1907,1908,1881,1909],"hardship","proposes","n1350","ceiling","exgantry","https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2025\u002F12\u002FTaiwo-Oyedele.jpg",{"id":1912,"createdAt":1913,"updatedAt":1914,"name":1915,"image":1916,"slug":1917},"ba5aa7e2-df4c-43a8-ac43-57e16ebb83a0","2026-03-25T11:54:25.227Z","2026-08-13T13:05:58.759Z","Vanguard Nigeria","https:\u002F\u002Fcdn.oneclickafrica.com\u002Ffeed\u002F5e53f632-5a90-44f5-83e1-eac7059f14f0.webp","vanguard-nigeria",16,"https:\u002F\u002Fwww.vanguardngr.com\u002F2026\u002F10\u002Fhardship-fg-proposes-n1350-ceiling-for-petrol-ex-gantry\u002F",{"id":1921,"createdAt":1922,"updatedAt":1923,"title":1924,"excerpt":1925,"content":1926,"slug":1927,"topic":1928,"tags":1929,"image":1934,"author":76,"feed":1935,"views":1942,"type":85,"readTime":1893,"externalSourceUrl":1943},"2daab159-31f8-48b5-8b3e-a698be431fba","2026-10-08T19:50:01.110Z","2026-10-09T01:52:07.000Z","Fuel subsidy would cost Nigeria over N20trn yearly — Minister","The Federal Government has rejected calls for the return of petrol subsidy, warning that restoring petrol to its pre-reform price would cost more than N20 trillion annually and could eventually push the exchange rate towards N3,000 to a dollar and petrol prices to at least N2,000 per litre.\nThe post Fuel subsidy would cost Nigeria over N20trn yearly — Minister appeared first on Premium Times Nigeria.","\u003Cimg width=\"600\" height=\"338\" src=\"https:\u002F\u002Fi0.wp.com\u002Fmedia.premiumtimesng.com\u002Fwp-content\u002Ffiles\u002F2026\u002F05\u002Fadmin-ajax-3-2.jpg?fit=600%2C338&amp;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele\" style=\"display: block; margin: auto; margin-bottom: 5px;max-width: 100%;\" link_thumbnail=\"\" decoding=\"async\" srcset=\"https:\u002F\u002Fi0.wp.com\u002Fmedia.premiumtimesng.com\u002Fwp-content\u002Ffiles\u002F2026\u002F05\u002Fadmin-ajax-3-2.jpg?w=600&amp;ssl=1 600w, https:\u002F\u002Fi0.wp.com\u002Fmedia.premiumtimesng.com\u002Fwp-content\u002Ffiles\u002F2026\u002F05\u002Fadmin-ajax-3-2.jpg?resize=526%2C296&amp;ssl=1 526w\" sizes=\"(max-width: 600px) 100vw, 600px\" \u002F>\u003Cp>The Federal Government has rejected calls for the return of petrol subsidy, warning that restoring petrol to its pre-reform price would cost more than N20 trillion annually and could eventually push the exchange rate towards N3,000 to a dollar and petrol prices to at least N2,000 per litre.\u003C\u002Fp>\n\u003Cp>The post \u003Ca href=\"https:\u002F\u002Fwww.premiumtimesng.com\u002Fbusiness\u002Fbusiness-news\u002F915535-fuel-subsidy-would-cost-nigeria-over-n20trn-yearly-minister.html\">Fuel subsidy would cost Nigeria over N20trn yearly — Minister\u003C\u002Fa> appeared first on \u003Ca href=\"https:\u002F\u002Fwww.premiumtimesng.com\">Premium Times Nigeria\u003C\u002Fa>.\u003C\u002Fp>\n","fuel-subsidy-would-cost-nigeria-over-n20trn-yearly-minister",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[65,1883,1930,266,1931,1932,1933],"cost","n20trn","yearly","minister","https:\u002F\u002Fi0.wp.com\u002Fmedia.premiumtimesng.com\u002Fwp-content\u002Ffiles\u002F2026\u002F05\u002Fadmin-ajax-3-2.jpg?fit=600%2C338&amp;ssl=1",{"id":1936,"createdAt":1937,"updatedAt":1938,"name":1939,"image":1940,"slug":1941},"82956691-2abe-4af9-a899-8e05365755d0","2026-03-25T11:53:52.744Z","2026-08-13T13:04:48.079Z","Premium TImes","https:\u002F\u002Fcdn.oneclickafrica.com\u002Ffeed\u002Fe87505b6-faaa-44e3-b31e-8a5481a8e8fd.webp","premium-times",15,"https:\u002F\u002Fwww.premiumtimesng.com\u002Fbusiness\u002Fbusiness-news\u002F915535-fuel-subsidy-would-cost-nigeria-over-n20trn-yearly-minister.html",{"status_code":4,"message":76,"data":1945},[1946,1947,1948,1949,1950,1951,1952,1953,1954,1955,1956,1957,1958,1959,1960,1961,1962,1963,1964,1965],"Fuel discount won’t cost government public funds, FG insists","Mbappé could leave Madrid if his demands are not met – Report","Everton’s US owners consider sale of club two years after takeover","Explainer: What changed 20 months after the telecom price hike","‘Why Nigerian businesses keep losing customers despite heavy technology investment’","How Nigerian designer is helping diaspora children connect with Yorùbá","AFRICOM at 20: America rethinks its Africa strategy","Nigeria’s power sector:  Fixing the chain, not just the links","Iran president says peace talks will only succeed without ‘pressure, threats’","Fuel: You stole Atiku’s idea on pricing subsidy, vacate Aso Rock – Aide to Tinubu","Motorist escapes unhurt as train collides with vehicle in Lagos","‘I completely trust the club,’ says Man City boss Maresca","Guarantee safety of NYSC members – MURIC tells Tinubu","30-day fuel price discount: Tinubu govt responding to Nigerians, Atiku – ADC","OpenAI bans Russian, Iranian ChatGPT propaganda networks","G-Bissau moves to postpone December election","Veep urges urgent action to tackle malnutrition","GTU clarifies staff quarters maintenance fee, land allocation concerns","Barrow raps Darboe on election prediction","3 CIVIL SERVANTS FINED D1M FOR DRUGS TRAFFICKING"]