Fuel price rises, deepens pressure on homes, businesses

The surge in crude oil prices above $100 per barrel is driving up fuel prices in Nigeria, with MRS stations raising their price to N1,400 per litre. NNPC stations have also increased their price to N1,375, while some independent marketers have set their prices at N1,400. This situation is expected to raise transportation costs and household expenses, particularly affecting workers, students, and traders who rely on daily transportation.