Tag
FUEL PRICES
In this article, Nairametrics highlighted the top ten states where consumers paid the most for petrol as of June 2025, listed from the lowest to the highest.
The Minister of State for Petroleum, Senator Heineken Lokpobiri, has said that the full deregulation of the downstream industry, particularly prices through the removal of fuel subsidies, prevented fuel scarcity during the festive season.
It's very clear that we are not in a crisis; we just have economic managers who are not truly interested in solving the problem.
The International Monetary Fund (IMF) has warned that price caps on fuel and electricity tariffs below the cost recovery could result in a fiscal cost amounting to 3% of GDP in 2024.
According to the United Nations, rising energy prices caused by the removal of fuel subsidies have intensified the battle against severe hunger in Nigeria, particularly in Northern Nigeria.
Fuel prices have a significant impact on real estate both in the short and long-term.
Nigerians in the Southern part of the country paid higher fuel prices than those in the Northern part in January 2023.
Filling stations across Abia, Enugu, and Anambra states are selling petrol at ridiculously high prices this Yuletide season