NNPC Hikes Fuel Prices Again"


 The Nigerian National Petroleum Company (NNPC) has announced a significant increase in fuel prices effective today. In Abuja, the pump price for petrol has risen to N1,030 per liter, while in Lagos, the price has been adjusted to N998 per liter.

This latest hike marks another blow to Nigerians who are already struggling with the rising cost of living. The increase is expected to have a cascading effect on transportation costs, food prices, and other essential goods and services.

The NNPC has not provided a specific reason for the price hike, but it comes amid a global surge in oil prices. The ongoing geopolitical tensions and economic uncertainties have contributed to the rising cost of crude oil, which is a major component of fuel production.

Many Nigerians have expressed frustration and anger over the repeated increases in fuel prices. The government has faced calls to intervene and provide relief to the suffering population. As the situation continues to evolve, it remains to be seen how the government will respond to the latest fuel price hike.

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