June 1, 2026

…Says Nigerian businesses spent N2trn on diesel in 2 months

By Clifford Ndujihe

The Chairman of the Alliance for Economic Research and Ethics LTD/GTE, Dele Oye, has criticised the Federal Government’s celebration of recent energy sector reforms, insisting that while official figures appear impressive, they do not reflect the economic hardship faced by ordinary Nigerians, who continue to grapple with high fuel costs, unreliable electricity, and rising production expenses.

Oye, who was responding to a 13-page report by the Office of the Special Adviser to the President on Energy titled “Nigeria’s Energy Sector Reforms: A Three-Year Review (2023–2026),” argued that the claims in the report do not reflect the lived realities of households and the productive sector.