Nigerians may have more economic hardship to contend with as they have been asked to brace up for an imminent upward review of the pump price of petrol, from between N680 to N720.
According to oil marketers, the pump price of petrol would rise to between N680/litre and N720/litre in the coming weeks should the dollar continue to trade from N910 to N950 at the parallel market.
They also claimed that dealers seeking to import PMS were being forced to put the plans on hold due to the scarcity of foreign exchange to import the commodity.
