Former presidential aide and social commentator, Reno Omokri, has claimed that Nigeria is now among the top 10 countries globally with the cheapest petrol prices,
describing the development as a “Christmas gift” to Nigerians under President Bola Ahmed Tinubu’s administration.
In a post on Monday, December 22, 2025, Omokri said petrol currently sells at about ₦739 per litre, which he put at roughly $0.50, arguing that the price level places Nigeria within the world’s top 10 lowest petrol markets.
According to him, Nigeria was ranked 13th in November 2025 among countries with the lowest pump prices for premium motor spirit, based on compilations by international media outlets, including Business Insider.
He added that petrol prices have fallen by more than 10 per cent during the Yuletide period, from about $0.608 in November to $0.50 in December.
Omokri attributed the price reduction to the Federal Government’s decision to end fuel subsidies and open up the downstream oil and gas sector to competition and investment, a policy direction he said.
President Tinubu promised during the 2023 election campaign.
He argued that while Nigerians often protest fuel price increases, reductions in pump prices tend to attract little public attention or appreciation, despite the central role petrol plays in the economy.
“Petrol prices are fundamental to the life of a nation. They determine the heartbeat of the economy and, aside from food and electricity, are the only products that affect every person in society,” Omokri stated.
The former aide further linked the reported decline in fuel prices to improvements in macroeconomic indicators, claiming that Nigeria’s inflation rate has dropped significantly since mid-2024 as a result of stabilised energy costs, which he said have helped reduce the prices of goods and services across the economy.
He maintained that if petrol prices had risen or supplies were scarce during the festive season, critics would have mobilised public protests against the government, urging Nigerians instead to acknowledge what he described as improved pricing and availability.
Omokri concluded by calling on Nigerians to celebrate the Tinubu administration for what he sees as progress in fuel pricing and supply, particularly during a period traditionally associated with high demand.
