Petrol Price May Increase As NNPC Admits Facing Financial Strain Due To Supply Costs

Independentng | 02-09-2024 04:38pm |

ABUJA – There may be official fuel pump price increase in the coming days as the Ni­gerian National Petroleum Company (NNPC) Limited grapples with signif­icant financial strain, admitting to a “significant debt to petrol suppliers”. It was learnt that the debt which allegedly stood at $6 billion earlier has doubled since April 2024 and is [...]

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