Nigeria TV Info 

Petrol Prices Set to Rise as Global Crude Oil Hits New Highs

The Federal Government has warned that petrol prices are likely to rise as international crude oil prices continue their upward trend. Analysts explain that the surge in global oil rates will increase local fuel costs, impacting transportation, logistics, and household budgets. Downstream marketers are expected to adjust pump prices to reflect the new global rates, raising concerns about inflation and cost of living pressures across the country.