[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2e18n0ef6epjs":3,"$f1haha5ahsyuls":42,"$f3g2vfgazl5es6":87,"$f3e3jbbcdn2vfp":139,"$f9gu6o9jcsxdi":240,"$f5btqexddoxme":1947},{"status_code":4,"message":5,"data":6},200,"List of Posts retrieve successfully",{"id":7,"createdAt":8,"updatedAt":9,"title":10,"excerpt":11,"content":12,"slug":13,"topic":14,"tags":19,"image":30,"author":30,"feed":31,"views":38,"type":39,"readTime":40,"externalSourceUrl":41},"3626176a-97de-46f7-ab23-f81f86b6a5ff","2026-10-09T11:10:00.469Z","2026-10-09T13:34:33.000Z","MPs Demand UNOC Fuel Price Breakdown Amid Rising Pump Prices","Parliament has demanded a breakdown of the price at which Uganda National Oil Company (UNOC) supplies fuel to oil marketing companies, as MPs questioned rising pump prices and called for measures to cushion consumers. This followed an explanation by the Minister of Energy and Mineral Development, Dr. Monica Musenero, who told Parliament that the fuel […]\nThe post MPs Demand UNOC Fuel Price Breakdown Amid Rising Pump Prices appeared first on Watchdog Uganda.","\u003Cp>Parliament has demanded a breakdown of the price at which Uganda National Oil Company (UNOC) supplies fuel to oil marketing companies, as MPs questioned rising pump prices and called for measures to cushion consumers.\u003C\u002Fp>\n\u003Cp>This followed an explanation by the Minister of Energy and Mineral Development, Dr. Monica Musenero, who told Parliament that the fuel price increase was “multifactorial”, citing the depreciation of the shilling, the Shs200 excise duty increase introduced in the 2026\u002F2027 financial year and international supply pressures.\u003C\u002Fp>\n\u003Cp>The Minister presented a statement on the rising fuel prices to Parliament during plenary on Wednesday, 07 October 2026.\u003C\u002Fp>\n\u003Cp>Musenero said UNOC acts as a buffer against international price shocks, helping Uganda avoid some of the shortages and higher prices experienced by neighbouring countries.\u003C\u002Fp>\n\u003Cp>Deputy Speaker Thomas Tayebwa pressed the Minister to provide the actual UNOC selling price, saying MPs need to establish how much is added before fuel reaches consumers.\u003C\u002Fp>\n\u003Cp>“I don&#8217;t know what is so special about this price, that UNOC is giving out fuel to OMCs at a certain price. What is that price?” Tayebwa asked.\u003C\u002Fp>\n\u003Cp>“Because we want to track how much they are adding. That&#8217;s it. It will help legislators here to know why we gave a monopoly and how much are these people adding,” he added.\u003C\u002Fp>\n\u003Cp>Leader of the Opposition, Joel Ssenyonyi, said government should address factors within its control, particularly the tax increase, which he said MPs had opposed during the budget process.\u003C\u002Fp>\n\u003Cp>“We were here during the budget process and we put up resistance against this Shs200 increase,” Ssenyonyi said adding that “We were saying, an increase in excise duty on fuel, even if it is one shilling, speculatively it will bring problems.”\u003C\u002Fp>\n\u003Cp>Ssenyonyi also urged government to prepare for possible supply disruptions linked to instability in neighbouring Kenya.\u003C\u002Fp>\n\u003Cp>“We are praying for Kenya. We hope that the elections go alright. But you see, even in our homes, before we go to sleep we pray and after praying you check to be sure the door is closed,” he said.\u003C\u002Fp>\n\u003Cp>Defence Minister Kiryowa Kiwanuka said Uganda&#8217;s fuel prices were also being driven by international oil prices because the country relies entirely on imported petroleum products.\u003C\u002Fp>\n\u003Cp>He said Uganda was not facing a fuel shortage but a price problem, with international developments, particularly the conflict affecting the Strait of Hormuz, pushing up the cost of imports.\u003C\u002Fp>\n\u003Cp>During the debate, Hon. Isaac Otimgiw (NRM, Padyere County) called for temporary tax relief on petroleum products, citing measures taken by other countries.\u003C\u002Fp>\n\u003Cp>Karim Masaba (Ind., Industrial Division) called for the suspension of the Shs200 excise duty increase, saying government had been warned that it could worsen fuel prices.\u003C\u002Fp>\n\u003Cp>He said the measure was expected to raise Shs450 billion in additional revenue.\u003C\u002Fp>\n\u003Cp>“As Cabinet you need to look just beyond what you&#8217;re going to collect but how it&#8217;s going to affect the economy,” Masaba said.\u003C\u002Fp>\n\u003Cp>Hon. Remigio Achia (NRM, Pian County) said the fuel crisis should be addressed alongside the wider economic problem, particularly the depreciation of the shilling.\u003C\u002Fp>\n\u003Cp>He said the shilling&#8217;s fall from about Shs3,600 to Shs4,000 against the dollar had increased domestic debt by Shs7.6 trillion without new borrowing.\u003C\u002Fp>\n\u003Cp>“We need to sit together and develop a comprehensive plan to address this matter, for our own survival as a country,” Achia said.\u003C\u002Fp>\n\u003Cp>Tororo Municipality MP Hon. Tanna Shyam questioned the rapid rise in pump prices despite some fuel having been purchased when the exchange rate was lower, and urged the Ministry to examine the pricing by retailers.\u003C\u002Fp>\n\u003Cp>Minister Musenero said that she had not yet received the detail on the selling price, and promised to get back to the House with information.\u003C\u002Fp>\n\u003Cp>The debate was adjourned pending a comprehensive government statement on the wider state of the economy, including the exchange rate and its effect on fuel prices.\u003C\u002Fp>\n\u003Cp>The post \u003Ca href=\"https:\u002F\u002Fwww.watchdoguganda.com\u002Fnews\u002F20261009\u002F199221\u002Fmps-demand-unoc-fuel-price-breakdown-amid-rising-pump-prices.html\">MPs Demand UNOC Fuel Price Breakdown Amid Rising Pump Prices\u003C\u002Fa> appeared first on \u003Ca href=\"https:\u002F\u002Fwww.watchdoguganda.com\">Watchdog Uganda\u003C\u002Fa>.\u003C\u002Fp>\n","mps-demand-unoc-fuel-price-breakdown-amid-rising-pump-prices",{"id":15,"createdAt":16,"updatedAt":16,"name":17,"slug":18},"5d66d3d9-40ee-493e-9aef-f101a26d4b74","2026-06-23T09:40:58.464Z","PMS","pms",[20,21,22,23,24,25,26,27,28,29],"mps","demand","unoc","fuel","price","breakdown","amid","rising","pump","prices",null,{"id":32,"createdAt":33,"updatedAt":34,"name":35,"image":36,"slug":37},"9886f865-689d-4303-9600-f1b599af6761","2026-05-03T08:09:07.258Z","2026-08-13T13:05:31.823Z","Watchdog Uganda","https:\u002F\u002Fcdn.oneclickafrica.com\u002Ffeed\u002F2eac38fc-c3a0-4382-bfa9-c762a1493cd9.jpg","uganda",2,"article",4,"https:\u002F\u002Fwww.watchdoguganda.com\u002Fnews\u002F20261009\u002F199221\u002Fmps-demand-unoc-fuel-price-breakdown-amid-rising-pump-prices.html",{"status_code":4,"message":43,"data":44},"Top navigation retrieved 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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":15,"createdAt":16,"updatedAt":16,"name":17,"slug":18},[151,152,23,24,153,154,155,156],"what","cutting","really","means","presidency","explains","https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2020\u002F08\u002Ffuel.jpg",{"id":159,"createdAt":160,"updatedAt":161,"name":162,"image":163,"slug":164},"87678139-216f-4786-b9b2-a4e8155e5649","2026-03-25T11:55:31.204Z","2026-08-13T13:05:10.144Z","Daily Post","https:\u002F\u002Fcdn.oneclickafrica.com\u002Ffeed\u002F9efc788c-30f4-47fa-8efc-4edb5cfd560a.png","daily-post",22,"https:\u002F\u002Fdailypost.ng\u002F2026\u002F10\u002F08\u002Fwhat-cutting-fuel-price-really-means-presidency-explains\u002F",{"id":168,"createdAt":169,"updatedAt":170,"title":171,"excerpt":172,"content":173,"slug":174,"topic":175,"tags":176,"image":180,"author":30,"feed":181,"views":188,"type":39,"readTime":189,"externalSourceUrl":190},"315c6990-9f61-43c7-9557-d6c0eca1a895","2026-10-08T20:50:00.678Z","2026-10-09T13:57:25.000Z","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":15,"createdAt":16,"updatedAt":16,"name":17,"slug":18},[177,178,179,155],"petrol","discount","subsidy","https:\u002F\u002Fcdn.punchng.com\u002Fwp-content\u002Fuploads\u002F2026\u002F10\u002F01083912\u002F8600d15f-07f7-4720-82ee-3fc38fbe3b4f_1790840352.webp",{"id":182,"createdAt":183,"updatedAt":184,"name":185,"image":186,"slug":187},"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",20,1,"https:\u002F\u002Fpunchng.com\u002Fpetrol-discount-not-subsidy-presidency\u002F?utm_source=rss.punchng.com&utm_medium=web",{"id":192,"createdAt":193,"updatedAt":144,"title":194,"excerpt":195,"content":196,"slug":197,"topic":198,"tags":199,"image":205,"author":30,"feed":206,"views":213,"type":39,"readTime":214,"externalSourceUrl":215},"29b97d02-5076-4b3f-98de-ca627ac612e0","2026-10-08T15:50:00.405Z","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":15,"createdAt":16,"updatedAt":16,"name":17,"slug":18},[200,201,202,203,177,204],"hardship","proposes","n1350","ceiling","exgantry","https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2025\u002F12\u002FTaiwo-Oyedele.jpg",{"id":207,"createdAt":208,"updatedAt":209,"name":210,"image":211,"slug":212},"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",19,3,"https:\u002F\u002Fwww.vanguardngr.com\u002F2026\u002F10\u002Fhardship-fg-proposes-n1350-ceiling-for-petrol-ex-gantry\u002F",{"id":217,"createdAt":218,"updatedAt":144,"title":219,"excerpt":220,"content":221,"slug":222,"topic":223,"tags":224,"image":230,"author":30,"feed":231,"views":238,"type":39,"readTime":189,"externalSourceUrl":239},"2daab159-31f8-48b5-8b3e-a698be431fba","2026-10-08T19:50:01.110Z","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":15,"createdAt":16,"updatedAt":16,"name":17,"slug":18},[23,179,225,226,227,228,229],"cost","nigeria","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":232,"createdAt":233,"updatedAt":234,"name":235,"image":236,"slug":237},"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",18,"https:\u002F\u002Fwww.premiumtimesng.com\u002Fbusiness\u002Fbusiness-news\u002F915535-fuel-subsidy-would-cost-nigeria-over-n20trn-yearly-minister.html",{"status_code":4,"message":43,"data":241},[242,326,338,719,771,783,822,984,1416,1527,1609,1623,1649,1656,1675,1702,1727,1734,1748,1755,1763,1770,1795,1802,1809,1824,1881],{"id":64,"createdAt":65,"updatedAt":66,"name":67,"slug":68,"children":243},[244,250,257,264,295,301,307,314,320],{"id":245,"createdAt":246,"updatedAt":246,"name":247,"slug":248,"children":249},"22aa138b-f7a2-422a-826b-c6643d15c06a","2026-07-06T17:22:39.680Z","Hollywood","hollywood",[],{"id":251,"createdAt":252,"updatedAt":253,"name":254,"slug":255,"children":256},"33d647d8-f7db-47fe-9ba1-4c9b29555c25","2026-06-10T13:18:17.139Z","2026-07-15T22:08:06.000Z","Big Brother Naija","big-brother-naija",[],{"id":258,"createdAt":259,"updatedAt":260,"name":261,"slug":262,"children":263},"41afd32a-1236-4806-a0eb-03b77e0bf570","2026-03-26T09:13:58.778Z","2026-05-21T15:44:11.000Z","Music","music",[],{"id":265,"createdAt":266,"updatedAt":266,"name":267,"slug":268,"children":269},"764e4080-657f-400f-a2d4-eee3d235332d","2026-04-23T11:16:42.052Z","Celebrities","celebrities",[270,276,283,289],{"id":271,"createdAt":272,"updatedAt":272,"name":273,"slug":274,"children":275},"636654fe-cd51-4947-8c04-379fae3f44c0","2026-10-09T09:46:22.009Z","Wizkid","wizkid",[],{"id":277,"createdAt":278,"updatedAt":279,"name":280,"slug":281,"children":282},"865e4aa1-25dc-4955-bfd7-5a8053bacf8d","2026-07-16T10:13:38.466Z","2026-10-09T09:31:46.000Z","Davido","davido",[],{"id":284,"createdAt":285,"updatedAt":285,"name":286,"slug":287,"children":288},"9af248fe-b2f8-4cdc-81c0-dda4ffc71aeb","2026-04-30T09:06:37.427Z","Phyna","phyna",[],{"id":290,"createdAt":291,"updatedAt":291,"name":292,"slug":293,"children":294},"a5f2784a-b6bc-4485-892c-2c141a5a6b4b","2026-05-02T08:39:02.783Z","Portable","portable",[],{"id":296,"createdAt":297,"updatedAt":297,"name":298,"slug":299,"children":300},"8561303e-67af-4434-9f1e-b65838a33e38","2026-05-02T09:04:09.809Z","Fashion & Style","fashion-and-style",[],{"id":302,"createdAt":303,"updatedAt":303,"name":304,"slug":305,"children":306},"9fa9121b-c84e-4962-832d-e443e4323a0b","2026-03-26T09:13:44.708Z","Gossip","gossip",[],{"id":308,"createdAt":309,"updatedAt":310,"name":311,"slug":312,"children":313},"bf62114b-4129-4c79-a779-be8629cff93f","2026-04-02T08:52:05.029Z","2026-07-15T22:09:28.000Z","Nollywood","nollywood",[],{"id":315,"createdAt":316,"updatedAt":316,"name":317,"slug":318,"children":319},"cbaaab16-eed1-4447-a40f-f262b9f5b947","2026-06-29T11:42:24.057Z","Cartoon","cartoon",[],{"id":321,"createdAt":322,"updatedAt":322,"name":323,"slug":324,"children":325},"cd47e90e-e61f-44f7-8861-9e242088b007","2026-03-26T09:14:20.502Z","Weddings & Events","weddings-and-events",[],{"id":327,"createdAt":328,"updatedAt":328,"name":329,"slug":330,"children":331},"051a1c11-0363-4945-b075-3c908451f951","2026-06-26T11:11:57.321Z","Disaster","disaster",[332],{"id":333,"createdAt":334,"updatedAt":334,"name":335,"slug":336,"children":337},"7eaefac2-0e0a-49f3-8daf-efe75f8058c7","2026-06-30T14:37:32.863Z","Flood","flood",[],{"id":82,"createdAt":83,"updatedAt":84,"name":85,"slug":86,"children":339},[340,347,354,360,367,372,379,386,393,400,406,412,672,679,685,699,706],{"id":341,"createdAt":342,"updatedAt":343,"name":344,"slug":345,"children":346},"116ce052-bd00-4266-b7d9-071a4d5d1357","2026-04-14T09:22:01.906Z","2026-05-21T15:59:07.000Z","Sudan","sudan",[],{"id":348,"createdAt":349,"updatedAt":350,"name":351,"slug":352,"children":353},"17f53ba6-315f-4772-ac96-16c086c9890e","2026-03-26T08:59:47.263Z","2026-05-21T17:01:07.000Z","Ethopia","ethopia",[],{"id":355,"createdAt":356,"updatedAt":356,"name":357,"slug":358,"children":359},"253e0961-b2ac-4884-a1f9-44b7d8c3e72a","2026-04-22T09:50:59.911Z","Somalia","somalia",[],{"id":361,"createdAt":362,"updatedAt":363,"name":364,"slug":365,"children":366},"37fcac8f-5e0d-49a4-bf7c-294dd0916f8e","2026-05-22T11:38:30.941Z","2026-06-30T12:40:41.000Z","Senegal","senegal",[],{"id":368,"createdAt":369,"updatedAt":369,"name":370,"slug":37,"children":371},"4405df2d-53f9-4a9f-bfff-d215f822f715","2026-04-28T15:16:56.206Z","Uganda",[],{"id":373,"createdAt":374,"updatedAt":375,"name":376,"slug":377,"children":378},"50c92844-2e7d-45f3-8198-6a7f142537b2","2026-04-23T11:47:42.796Z","2026-06-26T20:37:29.000Z","Tanzania","tanzania",[],{"id":380,"createdAt":381,"updatedAt":382,"name":383,"slug":384,"children":385},"64222852-9695-45dc-9a70-83e05e7fbd61","2026-03-27T09:13:15.884Z","2026-05-22T15:32:21.000Z","Ghana","ghana",[],{"id":387,"createdAt":388,"updatedAt":389,"name":390,"slug":391,"children":392},"6896e2fa-37c0-44b7-a52d-da81ea87a1c2","2026-04-02T09:28:39.429Z","2026-05-21T21:49:44.000Z","Angola","angola",[],{"id":394,"createdAt":395,"updatedAt":396,"name":397,"slug":398,"children":399},"81a63cf4-2fe0-42d7-a783-c3bfdd5fcc6d","2026-03-25T12:05:32.077Z","2026-05-22T21:03:03.000Z","Kenya","kenya",[],{"id":401,"createdAt":402,"updatedAt":402,"name":403,"slug":404,"children":405},"904b6b2d-7a69-4866-80e7-6fb7d4a52888","2026-05-18T21:56:31.744Z","ECOWAS","ecowas",[],{"id":407,"createdAt":408,"updatedAt":408,"name":409,"slug":410,"children":411},"a71100a3-b8f1-491d-9ea3-0f1b5d33a6d3","2026-05-22T22:15:11.040Z","DR Congo","dr-congo",[],{"id":413,"createdAt":414,"updatedAt":415,"name":416,"slug":226,"children":417},"af2efbea-0d85-4fdf-a1c3-2400868c9e10","2026-03-25T11:40:10.958Z","2026-05-21T21:50:14.000Z","Nigeria",[418,425,432,438,445,452,459,478,484,491,498,505,511,517,524,531,537,544,551,558,565,572,579,586,593,600,607,614,621,627,634,641,647,653,660,666],{"id":419,"createdAt":420,"updatedAt":421,"name":422,"slug":423,"children":424},"017d00d7-c0bd-4d66-acf1-86baa7170c97","2026-04-02T21:27:55.383Z","2026-05-21T15:59:38.000Z","Kwara","kwara",[],{"id":426,"createdAt":427,"updatedAt":428,"name":429,"slug":430,"children":431},"06eb2722-e0ab-4320-a72d-2890a37f81d2","2026-05-13T10:09:45.562Z","2026-05-21T16:00:23.000Z","Osun","osun",[],{"id":433,"createdAt":434,"updatedAt":434,"name":435,"slug":436,"children":437},"0e0313a5-dd8f-459b-9607-7d519392b258","2026-05-22T07:43:31.559Z","Cross 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on danger of disrupting rotational presidency","Alleged Rape: Poco Lee returns to social media after release from UK detention","Sera mpya ya uwekezaji kuendana na Dira 2050","Vijana, wanawake 2,437 kuchaguliwa BBT","Tetemeko la ardhi lilivyotikisa Kagera, wananchi waingiwa hofu","Tanesco yabeba tuzo nne za umahiri mawasiliano kwa umma","Moto wateketeza mabanda 17 Tanga, wafanyabiashara waomba msaada","EPL: Chelsea receive injury boost over five players ahead of Bournemouth clash","Improve water collection before enforcing penalties — Group to Osun govt","Fuel discount: How Atiku made Tinubu, APC, FG afraid – Adeyanju","European FAs pushing for three-week international break to be abandoned","Why some NFL coaches are struggling with late-game decisions","Customs intercept ₦3.67bn drugs hidden in imported cars, spare parts","Police chief speaks on alleged ransom payment for freed 20 NYSC members","Mbah appoints Enugu Air chair as transport commissioner","Kano Assembly sets October 12 for State Police Bill’s second reading","Ballon d’Or 2026: ‘Competition is stiff’ – Robinson picks player to win award","PETROAN, IPMAN tell Tinubu to extend N1,350\u002Flitre fuel price to other filling stations"]