President Bola Ahmed Tinubu has acknowledged the growing burden of fuel costs on Nigerians but urged citizens to remain hopeful, stating that Nigeria’s petrol is still cheaper than Kenya’s and other African countries, including Kenya.
Tinubu made these remarks during a visit to Bayelsa State, where he inaugurated multiple projects. He openly admitted that rising fuel prices have placed real pressure on citizens and businesses. At the same time, he argued that Nigeria’s situation compares more favorably when viewed across the continent.
The president explained that high fuel costs affect many African economies, not just Nigeria. He pointed out that several countries face even tougher conditions due to global economic trends. He encouraged Nigerians to stay resilient and to see the broader picture despite current hardship.
Tinubu also reassured citizens that his administration continues to focus on easing the burden on vulnerable groups. He said government officials actively review economic data and design measures to reduce pressure on households and businesses. These efforts, he noted, aim to provide targeted relief while maintaining broader economic stability.
He further linked the surge in fuel prices to global developments outside Nigeria’s direct control. According to him, geopolitical tensions and shifts in international energy markets have driven up fuel costs worldwide. These external shocks continue to influence domestic prices and complicate local economic planning.
In addition, Tinubu defended key reforms introduced by his administration. He emphasized that removing fuel subsidies forms part of a long-term strategy to stabilize the economy. He acknowledged that the policy has created short-term challenges, but he insisted it will support sustainable growth and improve fiscal discipline over time.
The president’s statement that Nigeria’s fuel is cheaper than Kenya’s aims to give citizens context about current realities. He wants Nigerians to understand how global pressures shape local conditions. At the same time, he continues to call for patience and collective resilience.
Tinubu reaffirmed his commitment to improving living standards and driving economic recovery. He pledged that his administration will keep refining policies and introducing support measures. These actions, he said, will help the country navigate ongoing global challenges and build a more stable future.
