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Daily Petrol Consumption Crashes by 92% Under Tinubu Regime
A recent report has revealed that Nigeria’s daily petrol consumption has dropped by a staggering 92% since President Bola Tinubu assumed office. The drastic decline is largely attributed to the economic hardship currently facing the country, marked by rising fuel prices, inflation, and the removal of fuel subsidies under Tinubu’s administration.
The report indicates that Nigerians, particularly those in lower-income brackets, have significantly reduced their reliance on petrol as the cost of living continues to rise. With fuel prices more than tripling after the subsidy removal, many citizens are unable to afford the high costs associated with daily petrol use, leading to a sharp decrease in consumption across the country. As a result, fewer people are using private vehicles and generators, opting instead for alternative, more affordable modes of transport and energy sources.
This reduction in petrol consumption also highlights the broader impact of Tinubu’s economic reforms, which aim to reduce government spending on subsidies and foster a more market-driven economy. While the removal of subsidies was intended to stabilize the nation’s finances, it has also contributed to widespread financial strain for many Nigerians who now face higher fuel, transportation, and food costs.
Despite the reported benefits of subsidy removal, such as reduced smuggling and increased revenue for the government, the immediate effects on everyday Nigerians have been challenging. The report has sparked further debate on the need for additional measures to cushion the effects of these economic changes, including targeted social interventions and subsidies for essential services.
In conclusion, while the reduction in petrol consumption reflects ongoing economic adjustments under Tinubu’s leadership, it underscores the urgent need for policies that balance fiscal reform with the welfare of Nigerian citizens.
It was reported that former Nigerian president Goodluck Jonathan has allegedly purchased a presidential candidate form for the 2027 elections.
It can be noted that Jonathan served as Nigeria’s president from 2010 to 2015.
This information was revealed by Sani Useni, a special assistant who made the claim. Many reacted to the news, with some expressing interest in seeing Jonathan return to power after staying relatively quiet politically since his administration ended.
However, Jonathan has not yet addressed the public or officially shared any presidential ambition.
The Christian Association of Nigeria (CAN) has reacted to the recent abduction incident in Oyo State.
It can be recalled that schools were attacked by armed men, with some teachers and students reportedly taken. Some people were also killed during the attack.
CAN cried out on behalf of the public, stating “It is intolerable, disgraceful and utterly unacceptable that Nigerian children can no longer sit safely in classrooms without the fear of being kidnapped by armed gangs.”
The organisation also stated that Nigerians are tired of constantly mourning and questioning when something will finally be done to stop the violence.
The Governor of Oyo State, Seyi Makinde, has revealed that seven teachers were abducted following a recent attack on a school in the state.
It was also shared that the number of students taken is still being investigated.
The governor further revealed that some people were killed during the attack and abduction.
He also added “With the pressure on the terrorists and the bandits in the North-West, they will keep moving southward.”
“When you have pressure in one place, we must be prepared on this side to either repel or neutralise any terrorists fleeing the pressure points.”
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