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Rising fuel prices reignite inflation nightmare

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Rising fuel prices reignite inflation nightmare

By Ibrahim Modibbo MPhil. Ph.D.

March 10, 2026

…Price could hit N2,000/litre- Retail owners
…Dangote approves 20 marketers for loading

Nigeria’s fragile progress in taming inflation is once again under threat as a new surge in fuel prices ripples through Africa’s biggest oil-producing country, stoking fears that the country could slide back into a prolonged cost-of-living crisis.

Fresh increases in the price of petrol and diesel are filtering through the economy, pushing up transport fares, food prices and manufacturing costs in a nation where energy expenses re

…Price could hit N2,000/litre- Retail owners
…Dangote approves 20 marketers for loading

Nigeria’s fragile progress in taming inflation is once again under threat as a new surge in fuel prices ripples through Africa’s biggest oil-producing country, stoking fears that the country could slide back into a prolonged cost-of-living crisis.

Fresh increases in the price of petrol and diesel are filtering through the economy, pushing up transport fares, food prices and manufacturing costs in a nation where energy expenses re

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