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Petrol shortages spread in Lagos and other Southwest Nigerian states, with some stations selling at N198 to N200 per litre against official pump prices of N165 to N180. IPMAN blamed empty NNPCL depots, and private depots raised ex-depot prices to N178 per litre.
NMDPRA data showed national stock sufficiency of about 24 days.
Fuel supply disruption and higher transport costs raise logistics expenses for feed deliveries in Nigeria, but the effect on global feed commodity prices is negligible.
thenationonlineng.netThe NationOct 26, 2022After 40 past logistics events, DAP moved a median +0.4% over 5 sessions (57% higher; middle half -0.6% to +0.9%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
