Petrol Prices Surge to N1,532 in April 2026

As of April 2026, the average retail price of petrol in Nigeria rose to N1,532.93, reflecting a 23.69% increase compared to N1,239.33 in April 2025, according to the National Bureau of Statistics (NBS). Month-on-month, petrol prices increased by 18.97% from N1,288.54 in March 2026.

The rise in petrol prices is attributed to ongoing inflationary pressures affecting transport and food costs, which are eroding consumer purchasing power nationwide. State-by-state analysis revealed that Yobe had the highest average retail price at N1,599.05 per liter, followed by Edo at N1,595.74 and Bauchi at N1,589.07.

Conversely, Sokoto recorded the lowest average price at N1,403.89, with Katsina and Ogun also posting low prices. The report also indicated that the average retail price for a 12.5kg cylinder of cooking gas increased by 13.89% month-on-month to N22,382.20 in April 2026.