Will Nigerian Govt Review Fuel Price?

While the Nigerian National Petroleum Corporation has been urged to end the fuel scarcity in the country, an official has said that the current fuel price is determined by the exchange rate between the Naira and U.S. dollar and the price of crude oil on the international market, that in turn impacts the price of refined fuel in Nigeria.

InFocus

  • Nigeria:   Govt to Review Fuel Price

    Leadership, 16 February 2018

    There are indications that the federal government would increase the price of premium motor spirit (PMS) to address the problem of scarcity which has lasted for over three months… Read more »

Photo: This Day

Fuel scarcity.

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