Nigerian Fuel Prices at Risk as Refineries Shut Down, Marketers Warn Ahead of 2027 Elections

Three Nigerian refineries shutting down have raised concerns among marketers, with PETROAN warning about the economic implications and potential political consequences, especially with the upcoming 2027 elections. The shutdowns of the Warri, Kaduna, and Port Harcourt refineries have left the country heavily reliant on imported petroleum products, leading to increased fuel costs and hardships for citizens.

PETROAN urges decisive action to revive the refineries for economic gains before the elections.