NMDPRA explains why petrol price volatility persists

NAIRAMETRICS | 06-09-2026 08:27pm |

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has explained that the persistent volatility in petrol prices is due to factors such as crude oil sourcing, single-source domestic refining, and logistics and transportation costs. The explanation was provided in response to ongoing fluctuations in fuel prices across the country.

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