Impact of 15% Petrol Price Hike by NNPC
The Nigerian National Petroleum Corporation (NNPC) has increased the price of petrol by 15%, raising it to N1,030 per litre in Abuja and N998 per litre in Lagos.
This hike comes amidst rising costs in the oil sector, causing concern for consumers as fuel prices have surged significantly in recent months.
The increase is expected to further impact the cost of transportation and goods across the country.