Fuel price hike: Nigeria fails to plan

Fuel price hike: Nigeria fails to plan

Former Labour Party presidential candidate, Peter Obi, has lamented the surge in price of petroleum products in Nigeria amid the ongoing tensions between the United States and Iran. In a post on his verified X handle on Thursday, Obi said many people wonder why any adverse development in the global economy quickly impacts Nigeria. He said that a recent example is the tension involving Iran, which led to an increase in global oil prices and, subs…

Petrol price surge shows Nigeria’s failure to plan for Global Shocks

Peter Obi, blamed Nigeria’s vulnerability to global economic shocks on poor planning and absence of strategic buffers.

Peter Obi Blames Nigeria’s Fuel Price Surge on Lack of Strategic Planning

Former presidential candidate Peter Obi has attributed Nigeria’s recent surge in petrol and diesel prices to the country’s lack of strategic planning, warning

Rise in Petrol, Diesel Prices in Nigeria Caused by FG’s Failure to

By Aduragbemi Omiyale The presidential candidate of the Labour Party (LP) in the 2023 general elections, Mr Peter Obi, has blamed the federal government for the high energy costs in Nigeria. In a post, the former Anambra State Governor said if the central government, led by President Bola Tinubu, had planned for the future, Nigerians […]

Lack Of Planning Reason For Fuel Hike, Says Obi

Former presidential candidate Peter Obi has blamed the recent sharp increase in petrol and diesel prices in Nigeria on the country’s lack of strategic planning. In a statement posted on his X handle on Thursday, Obi highlighted the impact of the ongoing US-Iran conflict on global oil markets, saying, “A few weeks ago, petrol was selling for less than N1,000 per litre, but today it costs over N1,200 per litre. “Diesel, which was also priced below…

Peter Obi reveals cause of hike in fuel price

The post Peter Obi reveals cause of hike in fuel price appeared first on Kemi Filani News. Former presidential candidate, Peter Obi, has claimed the hike in petrol and diesel prices is due to a lack of strategic planning, warning that external shocks to the global economy quickly affect local prices. Obi stated this in a statement issued on Thursday. He highlighted the impact of the ongoing US-Iran conflict on global oil […] The post Peter Obi r…