The Nigerian National Petroleum Company (NNPC) Limited has attributed the recent increase in petrol prices to market forces, as outlined in the Petroleum Industry Act (PIA). Adedapo Segun, NNPC’s executive vice-president of downstream, discussed the issue during an appearance on TVC News’ ‘Journalists’ Hangout’. On September 3, the NNPC raised petrol prices at its outlets, [...]The post NNPC blames market forces for petrol price hike amidst nationwide scarcity appeared first on National Daily Newspaper.
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