2027: I’ll crash petrol price to N200 per litre — Adebayo
“The summary of it is that transportation costs cannot go more than six per cent of your salary and housing costs should not be more than seven per cent of your salary; education and healthcare should be free,” he said.
He said other products derived from the crude, including naphtha, heavy fuel oil, diesel and kerosene, would be sold, with the proceeds used to maintain the price regime.
Adebayo also promised to restore what he described as the original subsidy regime, under which 450,000 barrels of crude oil were reserved for domestic consumption.
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