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Fuel Price Crisis Deepens: Why Petrol Is Now Above ₦1,300
Posted
May 6, 2026
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354
May 6, 2026
354
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18:45Now PlayingPetrol prices across Nigeria are rising sharply again, with pump prices crossing ₦1,300 per litre in several locations. What’s driving the latest surge, and how will it affect inflation, transport costs, businesses, and everyday Nigerians?
In this conversation, Olatide Jeremiah breaks down the impact of global oil prices, forex pressure, supply challenges, and fuel deregulation — while also explaining why he believes government should subsidize crude supplied to Dangote Refinery.
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