Oil marketers are set to adjust the pump prices of petroleum products upward after international crude benchmarks rose above $100 per barrel. The OPEC Basket, which includes Nigeria's Bonny Light, rose above $100 from over $95, while Brent crude stood at $100.60 per barrel. Experts have called on the Federal Government to intervene to mitigate the impact of the price adjustment on Nigerians, with analysts warning of higher diesel, transport and freight costs.
Related Articles
Don't miss out on breaking stories and in-depth articles.