NEWS, Nigeria Is The Only Country Selling Fuel Below N700 Per Litre – Tinubu Fumes

President Bola Ahmed Tinubu Has Claimed Nigerians Buy The Cheapest Fuel In West Africa.

Nigeria Is The Main Nation Selling Fuel Beneath N700 Per Liter - Tinubu Exhaust

Aguri Ngelale, the Extraordinary Guide to the President, unveiled this on Tuesday.

The president noticed that the fuel siphon cost won't be changed vertical.

The administration was responding to claims getting out and about of a vertical audit of fuel siphon costs following the expansion in the arrival cost of the item brought about by the deterioration of the Naira against the Dollar.

Tinubu said Nigeria is the main nation selling fuel beneath N700 per liter.

“Senegal at pump price today of N1,273 equivalent per litre, Guinea at N1,075 per litre, Côte d’ Ivore at N1,048 per litre equivalent in their currency, Mali N1,113 per litre, Central African Republic N1,414 per litre, Nigeria is presently averaging between N568 and N630 per litre.

“We are presently the cheapest, most affordable purchasing state in the West African sub-region by some distance. No country is below N700 per litre”,

He said

Recalls that Nigerian National Petroleum Corporation Limited said there is no plan to increase fuel pump prices upward.

The Nigeria Labour Congress threatened to strike without notice if fuel pump prices were reviewed upward.

In two months, fuel pump prices were reviewed twice, now at N617 per litre after subsidy removal.