Tinubu Rules Out Fuel Subsidy Return, Orders Cheaper Transport From October
President Bola Tinubu says Nigeria will not return to fuel subsidy payments as the Federal Government and states prepare measures aimed at reducing transportation costs from October.
President Bola Tinubu has ruled out a return to Nigeria’s former petrol subsidy regime, while directing state governments to work with the Federal Government on measures to bring down transportation costs.
The development was reported among Sunday’s major national stories, with the government expected to intensify efforts to provide cheaper transport options from October.
The President’s position comes as rising transportation costs continue to affect commuters and businesses across the country.
Rather than returning to the previous subsidy system, the administration is focusing on alternative measures, including the expansion of Compressed Natural Gas (CNG) transportation.
TheCable reported on Saturday that the Federal Government had urged state governments to scale up CNG-powered transport as global energy disruptions put pressure on petrol prices.
The latest move is expected to put pressure on state governments and transport authorities to deliver practical alternatives for commuters, particularly in major cities where transport fares have become a major household expense.
According to reports highlighted in Sunday’s newspaper review, the Federal Government’s plan is expected to take effect from October 1, 2026, with states expected to participate in efforts to reduce transportation costs.
The development comes as Nigeria continues to adjust to the post-subsidy era, with the government maintaining that returning to the old subsidy arrangement is not an option.
For millions of Nigerians who depend on public transportation daily, the key question now is how quickly the planned measures will translate into lower fares.
