Petrol prices have decreased across Nigeria, with filling stations in Ogun State reducing prices below ₦1,300 per liter following a price cut announced by Dangote Petroleum Refinery. The new ex-depot price is set at ₦1,250 per liter.
Petrol prices in Nigeria surged by approximately 643% from May 2023 to May 2026, reaching between N1,300 and N1,400 per liter. This increase followed the removal of fuel subsidies by President Bola Tinubu and was exacerbated by the devaluation of the naira and global oil market t
Petrol prices in Nigeria have surged 643% under President Bola Tinubu, rising from N175 per liter in May 2023 to N1,300 per liter by May 2026, following the removal of fuel subsidies and currency devaluation.
