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

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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