Fuel Price Hike: Governor Seyi Makinde Grants Oyo Workers N10,000 Salary Top-up

According to the governor, the top-up is necessary to cushion the effects of the fuel price hike, and it will begin in April,

Seyi Makinde Oyo salary
Oyo State Governor, Seyi Makinde

Oyo State Governor, Seyi Makinde, has announced that all workers in the state would be entitled to a N10,000 top-up on their salary for a period of three months.

According to Punch, Makinde disclosed this at a programme held in the state’s capital, Ibadan, on Monday.

According to the governor, the top-up is necessary to cushion the effects of the fuel price hike, and it will begin in April, with a possible extension if the situation has not subsided.

“I’m happy to announce that all workers in Oyo State and the local government starting from April, at least for the first three months, will be given N10,000 in addition to their monthly salary as petrol/transportation support. All workers, everybody. It is a flat rate. Maybe it would be extended.

“Those who are not working with the Oyo State government may also benefit from it. We will handle it properly to ensure it is all-inclusive. As I approach the end of my administration, one of the things I’m particularly focused on is ensuring continuity,” he said.

Latest Fuel Price Hike

Nigeria is experiencing a sharp escalation in fuel prices in March 2026, with depot prices rising to about ₦1,275 per litre and pump prices ranging between roughly ₦1,250 and ₦1,400 nationwide. The increase has been rapid, with multiple upward adjustments recorded within the same month, pushing petrol costs to some of the highest levels in the country’s history. Retail outlets have responded quickly, reflecting these increases at the pump across major cities.

The surge is being driven by a combination of global and domestic factors. International crude oil prices have climbed amid geopolitical tensions in the Middle East, while Nigeria’s shift away from subsidised fuel imports toward local refining has reduced price buffers. The growing dominance of the Dangote refinery in domestic supply means its pricing decisions now have an immediate and widespread impact on retail fuel costs. Additional pressure is coming from foreign exchange volatility, logistics expenses, and distribution challenges.

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