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Taiwo Oyedele Announces 30-Day Petrol Discount for Nigerians

On October 8, 2026, Taiwo Oyedele, the Minister of Finance and Coordinating Minister of the Economy, announced at a press conference in Abuja that the Federal Government will implement a discount on petrol supplied by the Nigerian National Petroleum Corporation (NNPC) for a duration of 30 days. This initiative aims to provide cheaper fuel, with a specific focus on prioritizing public transporters.

Additionally, Oyedele mentioned that the Federal Government will establish a negotiated landing cost for petrol, which will be subject to monthly reviews. This plan is part of the government's efforts to alleviate fuel costs for Nigerians.

Plus234Feed summary based on reporting from Daily Trust. Read the original report below.

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