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A fuel attendant pumps petrol into a motorcycle at a fuel station in Abuja on March 9, 2026, after transport fares increased following a recent hike in petrol prices. Africa is feeling the impact of rising oil prices and threats to shipping, as the continent again suffers from events largely beyond its control. Pump prices in Nigeria were up around 14 percent this week. (Photo by Light Oriye Tamunotonye / AFP)

Economy

Soaring Oil Prices: PETROAN Urges FG to Deploy Gas Alternatives, Targeted Subsidies as Petrol Hits ₦1,300/Litre

admin Mar 24, 2026 0

Global oil surge driven by Middle East tensions deepens pressure on Nigeria’s economy and fuel costs By A1 News InternationalAbuja,…

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