Petrol prices may drop below ₦500 per litre in 2025 –Marketers
The deregulation policy has introduced competition among producers, driving prices lower.
The deregulation policy has introduced competition among producers, driving prices lower.
By Oke Peter The Group Managing Director of theNigerian National Petroleum Corporation(NNPC), Mele Kyari has disclosed that Nigerians and neighbouring countries that benefit from smuggling consume 54 million litres of petrol per day. Kyari said this at an interactive hearing on ‘Exiting petroleum subsidy: Ensuring self-sufficiency in domestic refining of petroleum products.” The event was…