
Sign up to save your podcasts
Or


Fuel price increases in Nigeria often trigger immediate hikes in transport fares and food prices.
But after the Dangote Refinery reduced petrol prices from about ₦790–₦800 per litre to roughly ₦699, many Nigerians are still waiting for relief.
On Nigeria Daily, we examine why fuel price reductions do not reflect quickly in the prices of goods and services, why increases spread faster than reductions, and what this means for everyday life.
By Ummu Salmah Ibrahim and Daniel Oluwole4.8
44 ratings
Fuel price increases in Nigeria often trigger immediate hikes in transport fares and food prices.
But after the Dangote Refinery reduced petrol prices from about ₦790–₦800 per litre to roughly ₦699, many Nigerians are still waiting for relief.
On Nigeria Daily, we examine why fuel price reductions do not reflect quickly in the prices of goods and services, why increases spread faster than reductions, and what this means for everyday life.

11,147 Listeners

7,669 Listeners

379 Listeners

2,080 Listeners

2,449 Listeners

902 Listeners

10,237 Listeners

641 Listeners

556 Listeners

420 Listeners

16 Listeners

171 Listeners

146 Listeners

4,261 Listeners

98 Listeners