Forex crisis drives global fuel price fluctuations. Deregulated PMS market under PIA 2021 means forex challenges impact prices. But, with Dangote refinery on the horizon, FX issues are expected to ease, stabilizing fuel prices for all

Based on recent observations, it seems that global fuel price fluctuations are closely tied to the scarcity of foreign exchange, especially in the deregulated Premium Motor Spirit (PMS) market.

Since globally, the value of crude oil is a fiction of the dollar, the scarcity of same will allow Fuel Price Fluctuations. Under the Petroleum Industry Act (PIA) 2021, fuel prices are no longer controlled by the government, but by the free market, where forex challenges exists

From my deductions in the past few days, I think Forex Crisis Drives Fuel Price Fluctuations globally … The recent fuel price fluctuations are directly linked to the scarcity of foreign exchange, which impacts the now deregulated Premium Motor Spirit (PMS) market.

According to news going round the internet about the fuel scarcity. Dangote Refinery will make fuel available, and fuel prices will become stable and available for all, and FX being determinant of fuel price will no longer hinder availability.

The deregulated PMS market is impacted by fuel price fluctuations, which are a result of foreign exchange scarcity, but the Dangote refinery is expected to bring stability to prices by resolving foreign exchange problems. May Nigeria 🇳🇬 succeed

Forex Crisis Drives Fuel Price Fluctuations globally … because they are directly linked to the scarcity of foreign exchange, which impacts the now deregulated Premium Motor Spirit (PMS) market. Under the Petroleum Industry Act (PIA) 2021,

Forex scarcity drives the recent fuel price fluctuation, since the government now has no hand in fixing the PMS prices. Fuel prices are now being controlled by the free market and FX serves as a major criteria used in fixing these prices by the marketers.

The difference in the amounts allocated is mainly because institutional fees are not uniform across institutions. Additionally, some institutions have higher numbers of student loan applications compared to others, which also influences the overall allocation.

The Managing Director of the Nigerian Education Loan Fund (NELFUND Nigeria), Mr Akintunde Sawyer was in the company of other dignitaries on a sensitization visit to the Chukwuemeka Odumegwu Ojukwu University (COOU), Igbariam, Anambra State. #NelfundStudentLoan

The Managing Director of the Nigerian Education Loan Fund (NELFUND), Mr Akintunde Sawyer was in the company of other dignitaries on a sensitization visit to the Chukwuemeka Odumegwu Ojukwu University (COOU), Igbariam, Anambra State. #NelfundStudentLoan

Mr. AkintundeSawyerr, Managing Director of Nigerian Education Loan Fund (NELFUND Nigeria), joined other dignitaries on a sensitization tour to Chukwuemeka Odumegwu Ojukwu University (COOU) in Igbariam, Anambra State. The visit aimed to raise awareness about NELFUND among students and

NELFUND Nigeria The Managing Director of the Nigerian Education Loan Fund (NELFUND), Mr Akintunde Sawyer was in the company of other dignitaries on a sensitization visit to the Chukwuemeka Odumegwu Ojukwu University (COOU), Igbariam, Anambra state #NelfundStudentLoan

The Managing Director of NELFUND, Mr Akintunde Sawyer was in the company of other dignitaries on a sensitization visit to the Chukwuemeka Odumegwu Ojukwu University (COOU), Igbariam, Anambra State. The visit was to ensure that student were aware of NELFUND. #NelfundStudentLoan

The Managing Director of the Nigerian Education Loan Fund (NELFUND Nigeria), Mr Akintunde Sawyer was in the company of other dignitaries on a sensitization visit to the Chukwuemeka Odumegwu Ojukwu University (COOU), Igbariam, Anambra State. #NelfundStudentLoan

The Managing Director of the Nigerian Education Loan Fund (NELFUND Nigeria), Mr Akintunde Sawyer was in the company of other dignitaries on a sensitization visit to the Chukwuemeka Odumegwu Ojukwu University (COOU), Igbariam, Anambra State. The visit was to ensure that students were

The Managing Director of the Nigerian Education Loan Fund (NELFUND), Mr Akintunde Sawyer was in the company of other dignitaries on a sensitization visit to the Chukwuemeka Odumegwu Ojukwu University (COOU), Igbariam, Anambra State. #NelfundStudentLoan

MD of NELFUND Nigeria , Mr Akintunde Sawyer & other dignitaries on a sensitization visit to Chukwuemeka Odumegwu Ojukwu University (COOU), Igbariam, Anambra State. Visit was to ensure students were aware of #NelfundStudentLoan and to secure enrollment of students 4rm South-East region.