Fuel subsidy proposal may scare investors, IMPI warns

The Punch | 26-08-2026 04:44am |

The Independent Petroleum Marketers Association of Nigeria (IMPI) has warned that a proposal by former Vice President Atiku Abubakar to reintroduce fuel subsidies could deter foreign investors and undermine regulatory confidence in Nigeria's oil sector. IMPI expressed concerns that such a policy reversal might create uncertainty and discourage investment in the industry. The association emphasized the need for stable and predictable policies to attract and retain investors.

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