Oil
Shettima mocks Atiku’s fuel subsidy plan, says it can’t balance budget
CEII brief
Punch reported on 14 Oct 2026: Shettima mocks Atiku’s fuel subsidy plan, says it can’t balance budget.
Read the full story on PunchVice President Kashim Shettima has ridiculed ex-VP Atiku Abubakar’s proposed production subsidy, saying a change of ideological wardrobe cannot balance a b
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Original reporting © Punch. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
