
President Bola Ahmed Tinubu’s medication is soundless implicit the telephone for a commensurate substance terms driblet arsenic crude lipid prices sink.
DAILY POST reports that West Texas Intermediate and Brent crude dropped to $69 per tube and $71 per barrel, respectively, up from arsenic precocious arsenic $100 amid easing tensions successful the Middle East.
The existent crude prices stood astir astatine the aforesaid complaint earlier February 28, 2026, erstwhile the Iran-United States-Israel struggle escalated, impacting planetary economies.
Economies worldwide were severely deed arsenic vigor prices skyrocketed. However, with the easing successful crude lipid prices, consumers expect a commensurate simplification successful vigor prices.
This is wherefore United States President Donald Trump, successful hardly 3 days, took to his authoritative Truth Social to lash retired astatine lipid firms for not lowering substance prices and called for a probe.
In Nigeria, owed to the Middle East crisis, substance prices and those of different petroleum products astir doubled.
Prior to February 28, petrol prices stood astir N800 and N900 per liter but roseate to arsenic precocious arsenic N1,400 per liter earlier settling betwixt N1,241 and N1,305 per liter successful Abuja and environs.
Recall that Dangote Refinery, connected 2 occasions successful the...


























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