Audio

"Nigeria is one of the biggest oil producers in the world.""We have crude oil under our feet.""So why is petrol more expensive here than in countries that have NO oil?""Let me show you the numbers. And the numbers will make you angry.""In May 2023, Nigerians woke up and petrol was ₦184 per litre.The next day — after the subsidy was removed — it jumped to ₦617 per litre.That is a 235% increase. Overnight. No warning. No plan.Today, in 2026, that same litre of petrol costs between ₦1,210 and ₦1,36