Subsidy return could push petrol price to N2,000/litre, Oyedele warns
Taiwo Oyedele, minister of finance, has warned that the exchange rate could hit N3,000 to the dollar within months, while petrol could cost at least N2,000 per litre if the government reinstates subsidy. Oyedele spoke on Thursday at a news conference on petrol subsidy in Abuja. The minister’s argument comes amid recent calls for the return of the subsidy by labour unions, as presidential…
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