An energy economist says the petrol price hike between N1,370 and N1,400 per litre is driven more by domestic economic challenges.
Projecting future trends, Mr Gillis-Harry warned that petrol could rise to close to N2,000 per litre, while diesel could approach N3,000 per litre if the situation persists.
![Fuel queue at NNPC filling station [Credit: ThankGod Sabastine/Peoples Gazette]](https://gazettengr.com/wp-content/uploads/Screenshot_20230320-070535_WhatsAppBusiness.jpg)
NNPCL spokesman Andy Odeh confirmed this in a statement on Sunday.
“This committee had not, at any time, said the N210 trillion in question, as far as the queries are concerned, was stolen or missing,” said the Senate committee.
Mr Ahmad urged Nigerians to support other citizens who have been plunged into poverty.
Nigerians have criticised Mr Ajaero’s leadership of the NLC for remaining passive.
The profit declared by NNPC for 2023 is over N1 trillion higher than the N2.548 trillion profit recorded in the 2022 financial year.
Mr Nkwede said Ndi-Igbo were pained that the eastern region was relegated in the scheme of things.
The agreement is a direct benefit from the company’s participation at the recently concluded United Nations Climate Change Conference (COP28) in Dubai.
Mele Kyari, the group’s managing director, said that the NNPC could no longer keep up with the N170 per litre pump price of fuel.
