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USD/NGN 1,332.68GBP/NGN 1,780.87 ▴0.4%USD/NGN black market ₦1,380GBP/NGN black market ₦1,845EUR/NGN 1,496.14 ▴0.1%JPY/NGN 8.42 ▴0.1%CAD/NGN 947.82 ▴0.3%

Nigeria does not have crude enough to sustain subsidy, says Oyedele

Taiwo Oyedele, Nigeria’s minister of finance and cordinating minister of the ecomomy has dismissed political promises of returning fuel subsidies,

Aggregated · originally by BusinessDay
21 Oct 2026, 07:00 WAT · 3 min read
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Nigeria does not have crude enough to sustain subsidy, says Oyedele