Petrol Hits N1,900 as Depot Prices Surge
Private petroleum depots across Nigeria pushed wholesale petrol prices to a record 1,900 naira per litre on Friday, 9 October, gutting the state oil company’s recent price-cut announcement within hours of its release. Wholesale tank farm operators in Port Harcourt raised loading fees by up to 170 naira, forcing retail filling stations across the Niger…
