Buhari approves reduction in petrol price

According to recent reports, President Muhammadu Buhari has indeed approved a reduction in the price of petrol in Nigeria. As of March 2023, the new price of petrol has been set at N185 per liter, which is a decrease from the previous price of N212 per liter.

This decision was made in response to the ongoing economic challenges facing the country, including the impact of the COVID-19 pandemic and the global economic downturn. The reduction in petrol price is expected to provide some relief to Nigerians, who have been grappling with the high cost of living and transportation.

It's worth noting that the reduction in petrol price is part of a broader effort by the Nigerian government to address the country's economic challenges and improve the standard of living for its citizens. Other measures include the implementation of a new minimum wage, the creation of jobs, and the development of infrastructure projects.

I hope this information is helpful!