VERBATIM: What Atiku, Obi, Makinde really want as 90+ countries subsidise fuel to ease hardship

Vanguard News | 04-10-2026 07:45am |

A report highlights that over 90 countries provide some form of fuel-price support, according to international policy tracking. The International Energy Agency has recorded at least 94 governments using measures such as direct subsidies, price caps, or tax cuts during periods of severe energy-price pressure. The World Bank found that 132 of 154 economies studied used a subsidy, price freeze, or tax reduction to lower fuel costs. In Nigeria, the 2027 debate is shifting from whether subsidy should exist to what form it should take, what it will cost, and who will carry the bill.

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