Energy expert Kelvin Emmanuel has expressed concern over the rising cost of fuel in Nigeria, noting that the sharp increase is already placing significant pressure on motorists and households.
In a recent interview shared by Arise News, the managing partner at Energy Consulting Practice spoke about the realities of fuel pricing in the country amid global oil market tensions and domestic supply challenges.
Emmanuel explained that fluctuations in crude oil prices, exchange rates, shipping costs, and insurance premiums have all contributed to the rising cost of petrol in Nigeria. He noted that these factors ultimately affect the amount Nigerians pay at fuel stations. See More/Details