Nigeria, Oct. 19 -- The arguments presented to support the notion that President Bola Ahmed Tinubu (PBAT) must sell petrol at cheaper rates in Nigeria are, at best, baseless and overly emotional. They fail to account for the socioeconomic realities and behavioural patterns that have shaped our nation for decades. This is a response to an article by Dr Aliyu U published on the 12 October.

Misconception of Ownership

It is important to understand that the oil and gas produced in Nigeria are not wholly ours. The extraction and production of these resources are heavily dependent on foreign companies that bring their capital, technology, and managerial expertise into the equation. In truth, Nigeria lacks the capacity to independently exploit ...