
Fresh crisis in petrol pricing following NNPCL’s admission of financial challenges.
The Nigerian National Petroleum Company Limited (NNPCL) has acknowledged financial difficulties, which may lead to an increase in the pump price of Premium Motor Spirit (petrol). NNPCL spokesperson Olufemi Soneye revealed that the company is facing significant strain from fuel supply costs, threatening the sustainability of its fuel supply. This admission confirms reports that the…