Petrol prices have surged to nearly ₦1,400 per litre across parts of Nigeria, prompting the Nigeria Labour Congress (NLC) and the Organised Private Sector (OPS) to call for urgent government intervention amid fears of rising inflation, job losses, and business closures. The increase follows multiple price hikes by the Ɗangote Petroleum Refinery, with ex-depot prices now around ₦1,275 per litre. Pump prices rose from about ₦1,240 to as high as ₦1,400, with higher costs reported in the North. Analysts link the surge to rising global oil prices driven by tensions…
Read MorePetrol nears ₦1,400/litre, as NLC, OPS demand urgent action
