BMI estimates petrol discount could cost Nigeria up to 0.4% of GDP

The Fitch Solutions research arm estimated the relief could cost 0.2–0.4% of GDP, or about ₦883 billion–₦1.77 trillion using 2025 GDP; the naira amounts were...

BMI estimates petrol discount could cost Nigeria up to 0.4% of GDP

The Fitch Solutions research arm estimated the relief could cost 0.2–0.4% of GDP, or about ₦883 billion–₦1.77 trillion using 2025 GDP; the naira amounts were the newspaper’s calculation.
  • Publish date: 2026-10-19
  • Category: Oil & Gas
  • Original source: Punch Newspapers
  • Reading time: 1 min read

BMI estimates petrol discount could cost Nigeria up to 0.4% of GDP

The Fitch Solutions research arm estimated the relief could cost 0.2–0.4% of GDP, or about ₦883 billion–₦1.77 trillion using 2025 GDP; the naira amounts were the newspaper’s calculation.

Punch Newspapers