Petrol Prices to decline until June, says Economist Rewane

The Managing Director of Financial derivatives Company Limited, Bismarck Rewane, has predicted that petrol prices in Nigeria will continue to decline until June 2025, citing Market Competition and Production efficiencies as key factors.
Speaking on channels Television’s ‘Business Morning’ on Tuesday, March 4, 2025, monitored by our Correspondent, Rewane explained that the Recent Fuel Price Reductions by The Nigerian National Petroleum Company Limited (NNPCL) And Dangote Refinery signaled a downward trend that will persist in the Coming Months.