nigeria petrol crisis
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Nigeria Petrol Prices Surge to N1,000/Litre Amid Supply Shortages
Nigeria's petrol crisis intensifies as calls for a market-based pricing mechanism grow. The Nigeria National Petroleum Company (NNPC) faces a $6 billion debt to suppliers, leading to rising fuel prices and shortages. Experts urge the government to eliminate subsidies and implement reforms for...- Nigeria News
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- fuel shortages market-based pricing nigeria petrol crisis nnpc debt petrol prices
- Category: Business
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Nigeria Fuel Scarcity Hits Nigeria: Petrol Prices Skyrocket to N1,300/Litre
Fuel scarcity intensifies across Nigeria, with depots running dry and black marketers exploiting the situation. Motorists face long queues, with petrol prices skyrocketing to N1,300 per litre. The NNPC attributes the crisis to vessel discharge hitches and promises resolution, yet nationwide...- Nigeria News
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- 2 min read
- black market fuel prices fuel scarcity nigeria petrol crisis nnpc petrol depots dry
- Category: Business
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Business Petroleum marketers may be given special fx rate to import fuel – Nairametrics
via Nairametrics – http://ift.tt/2CntTlN As part of measures to alleviate the crippling fuel scarcity in the country, petroleum marketers in the country may be granted a special foreign exchange rate in order to import fuel into the country. National Secretary of the Independent Petroleum...- curator
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