President Bola Tinubu supports a measure to help vulnerable households. This involves selling petrol at cost to reduce the impact of global crude oil price volatility. The goal is to make the benefits of a reform reach more people quickly.

A recent development aims to cushion the effects of price shocks. The government has taken a step to ensure that its efforts have a wider and more tangible impact.

Further information on this matter is available, including a statement from the Special Adviser to the President on Information and Strategy.