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Gulf war pushes petrol prices higher in Nigeria

Busy street of Nigeria. Photo Muhammad Ibrahim @ Unsplash
Busy street of Nigeria. Photo Muhammad Ibrahim @ Unsplash

Vincent Nwanma

Vincent Nwanma is a seasoned analyst, columnist, and reporter with over 30 years of experience in business and economics journalism across Nigeria and Africa.
  • Gulf tensions push petrol prices higher in Nigeria
  • Rising transport fares threaten disinflation trend

 

LAGOS, NIGERIA – Nigeria’s fragile disinflation trend faces renewed pressure as rising petrol prices linked to tensions in the Gulf region begin pushing up transport costs and consumer prices.

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