NNPC blames forex shortage for fuel price hikes

The Nigerian National Petroleum Company Limited has attributed the fluctuating prices of Premium Motor Spirit, commonly known as petrol to foreign exchange illiquidity. This was disclosed by the Executive Vice President of Downstream at NNPC, Mr Adedapo Segun, during his appearance on TVC News’ Journalists’ Hangout on Thursday. Segun explained that the deregulation of the

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