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Fresh fuel price hike looms as landing cost rises by 37.4%

Fresh fuel price hike looms as landing cost rises by 37.4%

There are strong indications  that pump price of petrol  is expected to record another round of increases, the third within 10 weeks as oil marketers hint that the landing cost of petrol has risen month-on-month, MoM, by 37.4 per cent to N632.17 per litre in July 2023, from N460 per litre in June 2023.