Nigerian Fuel Prices on Track to Crash to N500 Per Litre in 2025

NEWS: Nigerian Fuel Prices on Track to Crash to N500 Per Litre in 2025

Oil marketers and other petroleum industry experts have forecast a reduction in petrol prices in 2025 to as much as N500/litreThe resumption of operations of the Port Harcourt and Warri refineries will drive this anticipated crash in priceThey highlighted that a steady supply of petroleum products would encourage competition, leading to further price reductions

Henzodaily.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the Stock Market.

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