While the debate is ongoing, DAILY POST reports that President Tinubu, who doubles as the substantive minister of petroleum resources, has yet to respond to the calls for commensurate fuel and diesel prices drop as crude rates fall.
Similarly, the country’s minister of state petroleum resources oil, Heineken Olokpobiri, Nigerian Midstream and Downstream Petroleum Regulatory Authority and the Federal Competition and Consumer Protection Commission are yet to officially react to the call for commensurate fuel price reduction.
DAILY POST reports that high energy prices have a huge impact on the country’s inflation, which rose to 15.93 percent in May 2026.
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