Certain economic policies implemented by President Bola Tinubu’s administration have had a detrimental impact on the lives of many citizens. Rising inflation and the crisis stemming from high fuel costs have worsened these challenges.

Nigerian state oil firm NNPC Ltd on Monday increased the price of petrol by 11%, the second increase in two weeks and a day after it started purchasing the fuel from the giant Dangote oil refinery on the outskirts of Lagos.

Nigerian state firm NNPC Ltd raised petrol prices by 11%, marking a second increase in two weeks. The hike follows NNPC's fuel purchase from Dangote refinery. This move comes amid rising inflation and public discontent,

The Executive Director of the Centre for the Promotion of Private Enterprise, Muda Yusuf, has said that the Nigerian National Petroleum Company Limited is frustrating Dangote Refinery with its recent petrol price hikes to sustain petrol importation in Nigeria.

A Nigerian presidential committee announced on Friday that state-owned oil company NNPC Limited will distribute gasoline from the 650,000 barrels-per-day Dangote Refinery to the local market, ending the deadlock that had stalled distribution.