Abuja, Oct 8, 2026 (AFP) - Nigeria plans fuel discount to cushion energy price shocks

NAMPA / AFP

2026-10-08

Nigeria's finance minister unveiled a raft of measures on Thursday aimed at cushioning against energy shocks, including a petrol discount for public transport operators. Nigeria is Africa's top oil producer and hosts the continent's largest refinery, owned by Africa's richest man Aliko Dangote. But authorities have not reined in fuel prices, which have risen to around 1,400 naira ($1.00) per litre from the 830 naira seen before the war in the Mid......

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