Motorists said many filling stations across the FCT are yet to adjust their fuel pumps to reflect the drop in prices.
Mr Gillis-Harry recalled that a similar situation occurred during the Gulf War in the 90s when the country reportedly earned over $12 billion in oil windfall.
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)
Mr Dangote had on Sunday accused the NMDPRA chief of economic sabotage and corruption, saying it was undermining domestic oil refining in Nigeria.
PETROAN stated that “the tension leading to panic buying is baseless.”
The Petroleum Products Retail Outlets Owners Association of Nigeria has commended NNPCL for successfully running the revamped Port Harcourt Refinery for 180 days non-stop
