Amid mounting financial pressures, the Nigerian National Petroleum Company Limited (NNPCL) has hinted at a possible hike in petrol prices.
The state-owned oil giant, struggling to balance its books, admitted to severe financial strain, raising concerns of an imminent price adjustment.
As Nigerians brace for the impact, industry experts warn that the move could trigger a fresh wave of economic challenges.
Will the government intervene, or are consumers on the brink of paying more at the pump?
Daily Trust
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