Experts, CSOs divided on subsidy as Nigerians face worsening hardship.
Experts and civil society groups are divided over growing calls for President Bola Ahmed Tinubu’s administration to introduce palliatives or restore fuel subsidies in response to the sharp rise in petrol prices caused by increasing global crude oil costs. The surge in oil prices followed the 24-day conflict involving Iran, the United States, and Israel, which disrupted global energy markets and pushed crude prices above $100 per barrel, well above Nigeria’s 2026 budget benchmark of $64 per barrel. Although the […]