Fuel price hike looms as NNPC stops naira-for-crude deal with Dangote refinery, others
Nigerians may soon experience another surge in petrol prices as the Nigerian National Petroleum Company (NNPC) Limited has reportedly halted its naira-for-crude deal with local refineries. NNPC has halted its naira-for-crude deal with local refineries. This move could drive up production costs and ultimately lead to an increase in petrol pump prices for Nigerians. NNPC…