Nigeria Records World’s Steepest Petrol Price Hike Amid Middle East Crisis
Largest Global Increase: Nigeria’s pump price surged 39.5% between Feb 23 and Mar 16, the highest increase worldwide. Impact of Middle East Conflict: Oil supply disruptions pushed international prices to…
Fuel Scarcity: NNPC Admits $6bn Debt, Hints at Price Hike
The Nigerian National Petroleum Company Limited has finally admitted that it owes petrol suppliers $6bn, a debt that has led to fuel scarcity and long queues at filling…
Petrol Price Hike: NNPCL Raises Pump Price to N855 per Litre
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS), also known as petrol, to N855 per litre. This development comes after…