President Bola Tinubu acknowledged the hardship caused by rising petrol prices across Nigeria but said the country is still better off than several other African nations, including Kenya.
He said this on Friday while addressing stakeholders during a visit to Bayelsa State, where he commissioned multiple infrastructure projects.
Among the projects inaugurated were a 60-megawatt gas turbine plant at Elebele in Ogbia Local Government Area, the 630-metre Angiama-Oporoma Bridge, the Sagbama/Ekeremor Road, and a 2.9-kilometre dual carriageway in Yenagoa, the state capital.
‘’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”, he said.
Meanwhile, global fuel prices have skyrocketed in recent weeks, caused largely by tensions in the Middle East.
The increase has been linked to Iran’s blockade of The Strait of Hormuz, a critical route for global fuel shipments.
Moreover, the restriction was momentarily lifted following a two-week ceasefire agreement between Iran and the United States.
The conflict, which began on February 28, 2026, lasted until 48 hours ago when a temporary peace deal was reached.
