Tinubu’s Government Speaks On Petrol Price Hike

Tinubu’s Government Speaks On Petrol Price Hike …C0NTINUE READING HERE >>>

President Bola Tinubu-led government has distanced itself from the recent hike in petrol prices, stating that the Nigerian National Petroleum Company Limited (NNPCL) made the decision independently based on prevailing market conditions.

The adjustment has seen pump prices soar to as high as ₦1,075 per litre in some regions.

As of Wednesday, the NNPCL raised the fuel price in Abuja from ₦897 to ₦1,030 per litre, while prices in Lagos jumped from ₦855 to ₦998.

In other regions, the price changes were similarly steep, with the North-East seeing prices at ₦1,070, and the…

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