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Fuel Hike: The Regulator’s Alibi

Petrol now sells for between N1,400 and N1,500 a litre in many Nigerian cities. Confronted with the outrage that followed, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) did what regulators too often do: it explained why the increase was not its fault. In a statement issued on September 19, the NMDPRA said it […]

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