Fuel Subsidy: Nigeria’s pricing model must change – Gov Makinde

Vanguard News | 04-09-2026 02:24pm |

Oyo State Governor Seyi Makinde has called for a fundamental review of Nigeria's petroleum pricing model, arguing that the debate should move beyond the binary of subsidy removal or restoration. In a newsletter titled 'The Business of Governance', Makinde emphasized that as an oil-producing nation, Nigeria must assess whether its fuel pricing framework reflects economic realities and benefits citizens fairly. He proposed a 'Reset Nigeria' movement to address these structural issues.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.