💬 Discuss💰 Money Matters
🎖️CorporalNigerians Are Being Gaslit While Paying N1,200 for Petty and Crude is $72
P
4 months ago
Dangote and NNPC raised fuel prices within hours when crude hit $120, but now that oil is below pre-war levels at $72, they’re suddenly talking about "replacement cost" and "inventory lag" to keep petrol above N1,200. Nigerians aren't stupid, we see the same urgency they used to hike prices is now missing when it's time to drop them. Are we really supposed to believe that a refinery buying fresh UAE crude cargoes can't adjust prices until it runs out of old stock, or is this just another way to squeeze the poor while protecting profit margins?
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