Petrol prices in Nigeria could drop to around N750 per litre before the end of the year

[Augusta]

The National Institute for Policy and Strategic Studies (NIPSS) has predicted that the price of Premium Motor Spirit (petrol) will decline as Dangote Refinery and other local refineries commence full operations.

Speaking on Channels Television on Tuesday, April 1, NIPSS Director expressed optimism that fuel prices would fall once more refineries become operational.

Said that petrol prices could drop to around N750 per litre before the end of the year with a more stable exchange rate.

 

[eLdavis]

N750 per liter is still on the high side compared to where we are coming from, but then again it's still okay. I pray God helps Nigeria.

 

[Augusta]

Definitely it is way high for the common man. Tinubu just came to make things very difficult for every one. We just have to look for different means of surviving