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New competition for NNPC, others as another company joins to sell fuel

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Bellazir Energy will be the latest entrant into Nigeria's downstream market, bringing competition to other players in the country's oil and gas industry.
The Nigerian company, Eterna Plc, has announced its readiness to sell fuel to Nigerians at a reduced price, promising to offer the product at a rate lower than the current market price. This move comes as part of a broader effort to alleviate the economic burden on citizens amidst rising fuel costs. Eterna Plc aims to enhance its market presence and contribute to the nation's economic stability by making fuel more affordable and accessible. The company's initiative is seen as a response to the ongoing challenges in the Nigerian energy sector, where fuel scarcity and high prices have been persistent issues.

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