Will the Federal Executive Council (FEC) or Presidency announce a new policy, programme, subsidy, tariff reduction, food intervention, or transport-cost relief measure specifically aimed at lowering consumer prices before 11:59 PM WAT on August 15, 2026?

Outcome: NO

How this forecast is settled

The FG has already cut import duties on food and vehicles and rolled out a Green Tax Surcharge in July 2026, while minimum wage talks loom and questions remain over whether oil windfall revenue will fund further relief. This question asks whether FEC or the Presidency announces another new price relief measure before the deadline.

Resolution

No, the Federal Executive Council (FEC) or the Presidency did not announce another new policy, subsidy, tariff reduction, food intervention, or transport-cost relief measure specifically aimed at lowering consumer prices between the implementation of the July fiscal measures and the August 15, 2026 deadline.

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