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FG to negotiate ₦1,350 petrol price ceiling as global oil shock drives pump prices

FG to negotiate ₦1,350 petrol price ceiling as global oil shock drives pump prices

The federal government says it is negotiating a ₦1,350 per litre ceiling on the ex-gantry or landing cost of petrol as part of measures to shield Nigerians from sharp fluctuations in fuel prices amid rising global oil prices. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oy...

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Verified on Oct 09, 2026

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