close
Wednesday, October 14, 2026

Fuel Price Hike: Tinubu govt promises relief, blames global pressures

Information minister Mohammed Idris has defended rising fuel prices, describing escalating energy costs as a global challenge.

• October 14, 2026
Information minister Mohammed Idris
Information minister Mohammed Idris

Information minister Mohammed Idris has defended rising fuel prices, describing escalating energy costs as a global challenge.

Mr Idris said this on Monday during a media chat with senior editors and journalists in Abuja.

“Rising energy costs are a global challenge, and governments across the world are adopting different approaches to protect their economies and cushion the impact on citizens,” he said.

He said President Bola Tinubu’s government remained mindful of the pressures higher energy costs placed on households, businesses and the wider economy.

“President Bola Tinubu remains firmly committed to the economic reforms that are strengthening our country, while ensuring that the welfare of Nigerians remains paramount,” Mr Idris said.

According to him, the government is consolidating reform gains, expanding affordable energy alternatives, strengthening domestic production and creating conditions for sustainable reductions in living costs.

He said Mr Tinubu understood the challenges Nigerians faced and remained determined to translate economic recovery into greater affordability, improved purchasing power and better living conditions.

Mr Idris said the achievements of the Renewed Hope Agenda over the past three years were evident across the administration’s Eight Presidential Priority Areas. He listed the priorities as economic reforms for sustained and inclusive growth, strengthened national security, improved agriculture and food security, and the unlocking of energy and natural resources.

Others, he said, included expanding infrastructure and transportation, improving education, healthcare and social investment, and accelerating diversification through industrialisation, digitisation and innovation.

He also identified improved governance and effective service delivery as key priorities, describing the initiatives as interconnected components of national transformation.

“These are not isolated achievements. They represent a deliberate and interconnected programme of national transformation,” the minister said.

On security, Idris said the government would neither relent nor retreat in its determination to secure every part of the country.

“Let me assure Nigerians that the federal government will neither relent nor retreat in its determination to secure every part of our country,” he said.

Mr Idris explained that the president continued to demand results from security leaders, adding that investments in personnel, technology, intelligence and operational capabilities were aimed at achieving lasting security.

“The security of Nigerians is not negotiable,” Mr Idris said, pledging continued protection for vulnerable communities.

He said the government remained committed to ensuring that Nigerians could live, travel, farm, trade and work safely across the country.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Internet fraudster

Economy

IMF, World Bank launch global plan to combat cyber-enabled financial fraud

IMF and the World Bank have launched a framework called the ‘Bangkok Blueprint’ to help countries worldwide tackle the rise of cyber-enabled fraud in digital financial services.

PCC’s chief commissioner, Bashir Abubakar

Rights

Over one million complaints received, 716,000 petitions resolved, says PCC

The Public Complaints Commission says it received 1,281,984 complaints in the last two years and resolved 716,688 of them.

The United Nations Development Programme

Economy

UNDP warns 800 million youths in Nigeria, other nations facing future without jobs

The United Nations Development Programme has warned that 800 million youths in Nigeria and other developing nations face a future without jobs.

World

Number of West Africans rushing to Europe drops 59% as routes get deadlier: IOM

According to IOM, 4,566 migrants from Mali, Senegal, Guinea and The Gambia were registered arriving in Europe by sea between January and June 2026.

Rural Electrification Agency

Economy

REA, NCC to expand rural connectivity, cut telecom costs

REA and NCC are planning joint pilot projects to integrate rural electricity infrastructure with telecommunications networks.

Asagba of Asaba, Epiphany Azinge

States

Asagba urges Delta CP to revive committee on community policing

Mr Azinge made the call when police commissioner Samuel Erale paid him a courtesy visit on Tuesday in Asaba.