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15% tariff: Imported petrol landing cost drops to N829/litre

November 3, 2025 at 05:48 AM

The average landing cost of imported premium motor spirit has dropped to N829.77 per litre, a price lower than the ex-depot price of the fuel produced locally. According to a report by the Major Energies Marketers Association of Nigeria, the average landing cost of petrol as of October 30 was N829.77...

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