Despite repeated claims that petrol in Nigeria is “cheap,” economist Banji Oyelaran-Oyeyinka has warned that such comparisons are deeply misleading. Speaking on the current state of fuel pricing, he stressed that nominal petrol prices do not reflect real affordability, particularly for ordinary Nigerians struggling with low incomes and weak purchasing power. Oyelaran-Oyeyinka, a former Senior … Continue reading Petrol Is Not Cheap in Nigeria – Economist Warns Against Misleading Comparisons