Petrol
NGN 850 / litre
$0.53 per litre
Live petrol and diesel reference rates in NGN, with Brent crude comparison, 30-day trend, and pricing policy context for Nigeria.
Petrol
NGN 850 / litre
$0.53 per litre
Diesel
NGN 1,120 / litre
$0.70 per litre
Live Update
weekly
Source cycle: NMDPRA
Quick reference for barrel, petrol, diesel, kerosene oil, and LPG Prices.
Crude Oil Barrel
$110.10 / barrel
Global benchmark
Petrol
NGN 850 / litre
$0.53 per litre
Diesel
NGN 1,120 / litre
$0.70 per litre
Kerosene Oil
Regional benchmark
Varies by distributor
LPG
Supplier benchmark
Cylinder rates vary
Fuel Update Cycle
weekly
NMDPRA
Brent crude is currently $110.10 per barrel ($0.69 per litre reference), updated Apr 6, 2026, 6:23 PM.
Nigeria vs Brent
Discount: $0.16/L
Local taxes, subsidy policy, and distribution costs drive this spread.
Weekly move
+0.91%
Last 7 days: $0.53 → $0.53
Quick movement table for Nigeria based on the latest benchmark cycle.
| Window | Petrol (USD/L) | Diesel (USD/L) |
|---|---|---|
| 30d ago | $0.51 | $0.67 |
| 21d ago | $0.52 | $0.68 |
| 14d ago | $0.52 | $0.69 |
| 7d ago | $0.53 | $0.70 |
| Today | $0.53 | $0.70 |
Estimate monthly travel cost from daily distance, efficiency, and latest reference fuel price.
Estimated monthly cost
$66.25
125 litres × $0.53 per litre
Calculator uses USD-per-litre reference for cross-country planning.
Compare Nigeria with nearby markets to see tax, subsidy, and policy-driven price differences.
| Country | Petrol (USD/L) | Diesel (USD/L) | Open page |
|---|---|---|---|
| 🇿🇦 South Africa | $1.18 | $1.26 | South Africa Petrol Prices |
| 🇪🇬 Egypt | $0.44 | $0.38 | Egypt Petrol Prices |
| 🇰🇪 Kenya | $1.36 | $1.27 | Kenya Petrol Prices |
| 🇩🇿 Algeria | $0.35 | $0.23 | Algeria Petrol Prices |
Fuel prices in Nigeria move with global Brent and WTI benchmarks, but local policy determines how quickly global changes pass through to pump rates.
Nigeria has moved toward market pricing, which made domestic rates more sensitive to FX and import costs. Because fuel is part of transport and logistics cost, retail inflation often follows large petrol or diesel moves.
Current model: Market transition with subsidy rollback. Authority: NMDPRA. This is why neighboring countries can post very different prices even on the same day.
Today's petrol benchmark in Nigeria is NGN 850 / litre (about $0.53 per litre). This reference is updated weekly.
Current diesel benchmark is NGN 1,120 / litre (about $0.70 per litre). Compare this with petrol to see transport cost pressure in Nigeria.
Nigeria pricing depends on market transition with subsidy rollback, tax or subsidy policy, and import economics. Nigeria has moved toward market pricing, which made domestic rates more sensitive to FX and import costs.
Nigeria follows a weekly review cycle under NMDPRA. For station-level retail quotes, always verify locally before purchase.
Use the nearby comparison table on this page and open related country pages to check regional price gaps, policy differences, and crude pass-through speed.
Continue with global fuel comparison, currency exchange rates, and commodity market pages for broader energy context.