More hardship for Nigerians as petrol, diesel prices rise again
Specifically, Abuja and other northern cities are set to face prices as rising crude oil prices and transportation costs increase the cost of supplying petroleum products to inland markets.
Higher crude prices will raise the cost of diesel, transport, freight and other energy-intensive inputs, putting pressure on business margins and household incomes,” he said.
Higher fuel and logistics costs can raise the cost of moving people and goods, while households and businesses that rely on petrol- or diesel-powered generators may face additional energy expenses.
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