Petrol Prices Expected to Drop Below ₦500 Per Litre in 2025 Amid Deregulation Gains
By Jimoh Ahmed Petrol prices in Nigeria are projected to drop significantly in 2025, potentially falling below ₦500 per litre, as industry stakeholders attribute this to the ongoing impact of deregulation in the downstream oil sector. Currently selling between ₦900 and ₦950 per litre, the anticipated price drop is driven by factors such as a…