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	<title>Prof. Wumi Iledare Archives - Freedom Online</title>
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		<title>Petrol Prices in Nigeria Surge: Expert Explains Domestic Economic Drivers Behind Hike</title>
		<link>https://freedomonline.com.ng/petrol-prices-in-nigeria-surge-expert-explains-domestic-economic-drivers-behind-hike/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=petrol-prices-in-nigeria-surge-expert-explains-domestic-economic-drivers-behind-hike</link>
					<comments>https://freedomonline.com.ng/petrol-prices-in-nigeria-surge-expert-explains-domestic-economic-drivers-behind-hike/#respond</comments>
		
		<dc:creator><![CDATA[Robert Imoh]]></dc:creator>
		<pubDate>Wed, 06 May 2026 10:48:09 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[dangote refinery]]></category>
		<category><![CDATA[domestic economic challenges]]></category>
		<category><![CDATA[exchange rate volatility]]></category>
		<category><![CDATA[Fuel Subsidy Removal]]></category>
		<category><![CDATA[Nigeria fuel price hike]]></category>
		<category><![CDATA[Nigeria inflation]]></category>
		<category><![CDATA[Nigerian National Petroleum Company]]></category>
		<category><![CDATA[Nigerian oil market]]></category>
		<category><![CDATA[Petrol price increase]]></category>
		<category><![CDATA[Prof. Wumi Iledare]]></category>
		<guid isPermaLink="false">https://freedomonline.com.ng/?p=276781</guid>

					<description><![CDATA[<p>In a recent interview, energy economist Prof. Wumi Iledare explained that the recent surge in petrol prices in Nigeria, which now range between N1,370 and N1,400 per litre, is primarily driven by internal economic factors rather than global crude oil price trends. Prof. Iledare, a Professor Emeritus of Petroleum Economics and Policy Research at Louisiana [&#8230;]</p>
<p>The post <a href="https://freedomonline.com.ng/petrol-prices-in-nigeria-surge-expert-explains-domestic-economic-drivers-behind-hike/">Petrol Prices in Nigeria Surge: Expert Explains Domestic Economic Drivers Behind Hike</a> appeared first on <a href="https://freedomonline.com.ng">Freedom Online</a>.</p>
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