Fuel

Fuel
Business & Economy Special Focus

Why Falling Petrol Prices Are Yet to Ease Nigerians’ Cost of Living

By Ozumi Abdul Nigeria’s petrol market has witnessed a dramatic shift in just two months. After hitting a record national average of N1,596.25 per litre in May 2026, according to the National Bureau of Statistics (NBS), pump prices have gradually declined following a series of price cuts by the Dangote Refinery and other marketers.By July

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Business & Economy Foreign Affairs National News

Why Fuel Prices Are Rising in Nigeria: Analysts Point to Global Oil Supply Disruption

Dr. Tijjani Ahmad, a senior lecturer at Hussaini Adamu Polytechnic, Kazaure, has attributed the recent fuel price hike in Nigeria to global oil price changes, logistics constraints, and the nation’s historical dependence on fuel imports. Speaking exclusively to our correspondent, Dr. Ahmad explained that Nigeria remains highly vulnerable to shocks in the international crude oil

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