Fuel prices in Nigeria have been climbing again, with some filling stations now selling petrol for as much as ₦1,400 per litre. Many people have linked this sudden increase to the ongoing crisis in Iran and tensions in the Middle East.
But the Muslim Rights Concern (MURIC) disagrees.
In a statement released by its Executive Director, Ishaq Akintola, the group made it clear that the situation in Iran should not have such a strong impact on fuel prices in Nigeria.
According to MURIC, the real problem is much closer to home.
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Nigeria is an oil-producing country, so in theory, petrol should not be this expensive. However, MURIC claims that local refineries are not getting enough crude oil to operate properly. This, they say, is one of the main reasons prices keep going up.
The situation becomes even more frustrating when you consider that Nigeria has enough crude oil. Yet, local refineries still struggle to access it. In some cases, refineries like the Dangote Refinery reportedly have to buy Nigerian crude through foreign middlemen, which makes the process more expensive.
MURIC believes this system is inefficient and unfair to Nigerians.
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The group is now calling on President Bola Tinubu to take action by ensuring that local refineries receive enough crude oil directly. If that happens, they argue, fuel prices should drop and become more affordable.
In the end, MURIC’s message is straightforward: the rising cost of petrol in Nigeria isn’t really about what’s happening in Iran—it’s about fixing problems within Nigeria’s own oil system.
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