Fuel subsidy return could push Naira to N4,000/$, Oyedele warns

Nigerian Tribune | 19-10-2026 01:47pm |

Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has warned that considering a return to petrol subsidy could trigger capital flight and undermine investor confidence. He stated that such a move could push the naira to as high as N3,000, N3,500, or even N4,000 to the dollar. Oyedele's warning comes amid ongoing economic discussions.

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