nigeria fuelprices hit 1,400 naira

Nigeria Fuel Prices Hit ₦1,400+: Why Petrol Is Still So Expensive Compared With Other Oil-Producing Countries

Nigeria’s latest petrol price increase has revived an uncomfortable question for an oil-producing country: why does fuel remain so expensive for Nigerian workers even as domestic refining capacity expands? Petrol is now selling at around ₦1,400 per litre in Lagos and Abuja, with prices reaching about ₦1,500 in parts of northern Nigeria, according to recent…

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