Fuel Price Hike Looms as NNPC Halts Crude-for-Naira with Dangote Refinery, Others

The price of Premium Motor Spirit (PMS) is expected to rise following a decision by the Nigerian National Petroleum Company (NNPC) Limited to discontinue the Naira-for-Crude initiative with Dangote Petroleum Refinery and other local refineries. The initiative, introduced under President Bola Ahmed Tinubu’s administration, will be suspended until 2030, according to multiple sources. A reliable … Continue reading Fuel Price Hike Looms as NNPC Halts Crude-for-Naira with Dangote Refinery, Others