It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia – Buhari

 

President Muhammadu Buhari has defended the current price of fuel in the country, stating that a responsible government must face realities.

In his Independence Day Speech, President Buhari stated that while petroleum prices are to be adjusted, the government must take tough decisions.

The president compared the oil price in Nigeria to those of neighbouring nations and oil-producing countries, arguing that “it makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia”.

More details shortly.

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