Hike in petrol prices catalyst for more hardship – NACCIMA …C0NTINUE READING HERE >>>
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, has expressed its concern over the recent increase in petrol pump prices.
The National President of the association, Mr Dele Oye, made this known in a statement on Wednesday in Lagos.
Oye said that the prices, which had reached N998 and N1,030 per litre respectively, were placing a strain on businesses and households across the country.
He spoke on the potential economic consequences of the price hike, warning that the increase could lead to higher transportation costs, exacerbate inflation and…
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