Nigerians continue to question why petrol remains around ₦1,400 per litre despite the country’s status as an oil-producing nation, as households and businesses contend with high transport costs and rising prices.
Experts have argued that petrol refined from Nigerian crude for domestic consumption should be priced using local production, refining and distribution costs, rather than solely on international crude oil earnings.
DOTT TV Business Correspondent speaks with Financial Analyst, Aaron Agbeche, for more insight.
