The price of petrol has increased to N617 per litre in Abuja, according to a report by DAILY POST.
This is a significant increase from the previous price of N539 per litre.
The increase in fuel prices is likely to have a significant impact on Nigerians, who are already struggling with the rising cost of living. It is also likely to lead to further inflation, as businesses pass on the higher costs to consumers.
The government has said that it is working to find ways to reduce the cost of fuel, but it is unclear when these measures will be implemented. In the meantime, Nigerians are likely to continue to feel the pinch of rising fuel prices.
“The increase in fuel prices is a major blow to Nigerians, who are already struggling to make ends meet,” said Elder Chinedu Okoronkwo, the National President of the Independent Petroleum Association of Nigeria. “The government needs to do more to help people cope with the rising cost of living.”
The increase in fuel prices is a major concern for Nigerians, who are already struggling with the rising cost of living. The government needs to take action to reduce the cost of fuel, or else Nigerians will continue to suffer.
Nigerians can contact their elected officials and demand action to reduce the cost of fuel. They can also boycott petrol stations that are charging excessive prices.
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