Nigeria President Bola Tinubu/NIGERIA PRESIDENTIAL OFFICEPresident Bola Ahmed Tinubu has defended the rise in fuel prices in Nigeria, saying that although they are biting hard on citizens, Nigeria remains "better off" than Kenya and other African nations. Speaking during a presidential visit to Bayelsa State, Tinubu acknowledged the pressure that high fuel prices have placed on households and businesses. Tinubu emphasised that his administration would not reverse economic reforms, stating that the government is focused on long-term solutions to stabilise the economy and improve living standards. His remarks come amid a sharp surge of fuel prices across the world, following tensions linked to the Iran-US/Israel war, with both gasoline and diesel recording significant increases in multiple countries. Data, between February 23 and March 23, 2026, shows the Philippines experienced the steepest rise, with gasoline prices jumping by 54.2 per cent and diesel soaring by 81.6 per cent.

Source: The Star April 11, 2026 10:02 UTC