Oil Marketers Give Conditions to Lower Petrol Prices in Nigeria
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#82ec0275 ver:0.23

Oil marketers in Nigeria are demanding conditions to lower petrol prices, including mass production of PMS and access to sufficient crude oil. Fuel scarcity has caused economic disruption and price inflation, leading to daily losses for businesses and rationing of operating hours for SMEs. Cooking gas prices have decreased due to improved supply and forex availability. The price of garri has reached record highs due to artificial scarcity caused by delayed processing. The government is considering assisting independent fuel marketers in installing CNG pumps, which are cheaper than petrol. The use of CNG vehicles could save $2.5 billion yearly. A CNG center has been opened in Abuja, and plans are in place to introduce CNG-powered buses and tricycles. The economy's struggles are reflected in the booming funnel sales as fuel prices rise. #Nigeria #FuelScarcity #PetrolPrices #CNG...

#newstr #OilMarketers #PetrolPrices #Nigeria #DangoteRefinery #MassProduction #DieselPrices #ForeignRefineries #LocalRefiners #CrudeOil #CompressedNaturalGas #Cng #FillingStations 

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