Hope rises for cheaper fuel at filling stations nationwide, read why

  • There are expectations for a petrol price drop in the coming days, following promises from marketers and oil companies
  • The reduction in the landing cost of petrol has also raised hopes that filling stations will lower prices soon
  • The petroleum market is now fully deregulated, with petrol pump prices determined by market forces

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

Fuel prices in Nigeria are anticipated to reduce in the coming days as oil marketers and companies signal possible price cuts amid competition for market share.