The National Bureau of Statistics (NBS) has revealed a dramatic surge in the average retail price of petrol in Nigeria, reporting a figure of N769.62 per liter in May 2024. This represents a staggering 223.21% increase from the N238.11 per liter recorded in May 2023 and a 9.75% rise from April 2024’s price of N701.24. [...]The post As the cost of fuel Hits N769.62/liter, How Much longer can Nigeria Pay Subsidies? appeared first on Tekedia.
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