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• Measure to last for 30 days For millions of Nigerians who have watched transportation costs climb, the prospect of cheaper petrol offers some relief.
Fuel prices are at record highs and calls for tax relief are growing, but economists warn that reviving the earlier cuts would put further pressure on South Africa’s finances.
The Tinubu administration has extended a petrol discount at NNPC stations and proposed measures to stabilise prices. Atiku Abubakar advocates support for domestic refineries.