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Petrol at ₦1,300/Litre: Households, Businesses Brace for Fresh Inflation Wave - Tech
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Petrol at ₦1,300/Litre: Households, Businesses Brace for Fresh Inflation Wave - Tech
Nigerian businesses are preparing for another round of cost pressures after petrol prices climbed to about ₦1,300 per litre, raising fears of a renewed surge in inflation across the economy. The increase in pump prices, triggered by higher ex-depot rates from the Dangote Petroleum Refinery, is already reverberating across supply chains as manufacturers, logistics operators, and small businesses reassess operating costs. Fuel marketers adjusted p…
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