Rising Costs: Fuel Prices Surge to ₦1,000/Litre in Lagos, Abuja, Kaduna

Nigerians are facing fresh economic pressure as fuel prices climb to as high as ₦1,000 per liter in several cities, including Lagos, Abuja, and Kaduna.

Marketers blame the spike on:

• Soaring exchange rates

• Importation costs

• Delays in subsidy reimbursements

• Rising crude oil benchmarks

Commuters and small businesses are already feeling the impact, with transport fares and product prices increasing nationwide.

Meanwhile, the federal government has yet to announce any immediate intervention to stabilize the price or supply.

📉 More hardship looms unless urgent steps are taken.