Real Reasons Behind NNPCL’s Fuel Price Increase: Marketers Reveal Key Factors
Understanding the Factors Behind NNPCL’s Recent Fuel Price Hike The NNPCL fuel price increase has sparked widespread discussions across Nigeria. According to petroleum marketers, the complete removal of subsidies on Premium Motor Spirit (PMS) by the Nigerian government is the key reason for the hike in fuel prices. As of October 2024, the Nigerian National…