Current Fuel Price in Nigeria Today (September, 2023)

Get the current Petrol fuel price today in Nigeria today. These are petrol prices from top fillings stations like nnpc, oando, etc across all states in Nigeria (Lagos, Abuja, Kano, Ogun, etc).

Nigeria, the world’s sixth-largest petroleum exporter, heavily relies on petrol, which plays a crucial role in its economy. Any changes in petrol prices have significant impacts on both micro and macroeconomic aspects of the nation. The country’s journey with its oil industry has been tumultuous, leading to price fluctuations over the years.

As of July 18, 2023, the Nigerian National Petroleum Company Limited announced new petrol prices, which now range from N600 to N700 per litre across the nation, with an average of N630 per litre, following the removal of subsidies.

Petrol is widely used in Nigeria, primarily for vehicles, power generators, pump machines, and various industries. Its price has seen dramatic increases over the years, with a history dating back to the late 1960s when a litre cost between 6k and 9k.

Nigeria Fuel Price
Litre
 NGN 617.000
 USD 0.808
 EUR 0.741

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