Fuel Cost Consumes 80% of Minimum Wage as Tinubu Faces 2027 Pressure

A Nigerian worker earning the ₦70,000 statutory minimum wage needs ₦56,000 just to buy 40 litres of petrol at the current ₦1,400 per litre price — that's 80 percent of the entire monthly salary gone before rent, food, or transport. Former Vice President Atiku Abubakar threw this figure into the political arena, comparing Nigeria's pump prices unfavourably with Saudi Arabia, Kuwait, Algeria, Angola, the UAE, and Libya, where petrol sells for roughly ₦34...