BusinessDay
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Petrol to reach N250/litre without subsidy, boom for gas vehicles

Nigeria’s state-oil firm is not backing down from the fight to end subsidy because it is cutting to the bones, but this situation is signalling opportunities for discerning investors in the gas-powered vehicle market. The end of petrol subsidy is imminent and could see petrol prices rise above N250 per litre at the pump, offering…

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