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EconomyNigeria proposes petrol price cap to curb fuel cost volatility

Nigeria is considering a petrol price ceiling of about 1,350 naira ($1.02) per litre. Its finance minister said refiners and fuel importers would absorb temporary price increases and recover their losses when costs fall.

Nigeriapetrol pricesfuel costsprice cap

RReuters★★★☆☆2026-10-08 18:45Original

Nigeria proposes petrol price cap to curb fuel cost volatility
Nigeria proposes petrol price cap to curb fuel cost volatilityEconomy