Fuel Prices May Rise As NNPC Ends Naira-For-Crude Deal

Independentng | 11-03-2025 12:57am |

Nigerian National Petroleum Company (NNPC) Limited has discontinued its crude oil supply arrangement with Dangote Petroleum Refinery and other local refineries, a move that could lead to an increase in fuel prices. Insiders disclosed that NNPC has already committed its crude oil supplies through forward contracts, despite an increase in Nigeria’s crude production since the [...]

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.