LAGOS — Restoring the petrol subsidy would cost Nigeria about N19.16 trillion a year, according to a paper by the Centre for the Promotion of Private Enterprise. Its chief executive, Muda Yusuf, based the estimate on consumption of 50 million litres a day and a subsidy of N1,050 per litre, which works out at N52.5 billion a day. He said this would be more than 40 per cent of the 2025 budget. Some opposition candidates have promised to bring the subsidy back.