President Bola Tinubu has asked Nigerians to be thankful to God that the cost of fuel is not as expensive as it is in Kenya and other African countries.
He said this on Friday while addressing stakeholders during his visit to Bayelsa State, where he inaugurated some projects.
Among the inaugurated projects were a 60-megawatt gas turbine plants at Elebele in Ogbia Local Government Area, 630 metre Angiama-Oporoma Bridge, Sagbama/Ekeremor Road, and 2.9km Dual-Carriageway in Yenagoa, the state capital.
During his speech, Tinubu said, ‘’It is very important that we are honest with our people. Yes, I hear you from various angles of the economy. The fuel price is biting hard, but look around, let us thank God together, that you are better off. Listen to them in Kenya and other African countries and what they are going through. We will not look back. We will continue to fine way to ameliorate the sufferings of the vulnerable.”
The Middle East conflict had triggered increase in the pump price of fuel globally.
This is as a result of Iran’s blockade of The Strait of Hormuz, a waterway through which fuel is being shipped across the world.
However, Iran agreed to lift the restriction temporarily during a two-week ceasefire agreed with the US.
The war began on February 28, 2026, and continued until 48 hours ago when a temporary peace deal was sealed.