Connect with us

News

Petrol price in Nigeria one of the cheapest in Africa, says FG

Published

on


The Federal Government on Monday said despite the recent increase in the price of Premium Motor Spirit to N162 per litre, the price of the commodity in Nigeria remained among the cheapest in Africa.

The Minister of Information and Culture, Lai Mohammed, said this at a press conference in Abuja.

Mohammed was joined at the briefing by the Minister of Power, Sale Mamman; and the Minister of State for Petroleum Resources, Timipre Sylva.

The minister said, “In spite of the recent increase in the price of fuel to N162 per litre, petrol prices in Nigeria remain the lowest in the West/Central African sub-regions.

“Below is a comparative analysis of petrol prices in the sub-regions (naira equivalent per litre): Nigeria -N162 per litre; Ghana -N332 per litre; Benin -N359 per litre; Togo – N300 per litre; Niger – N346 per litre; Chad -N366 per litre; Cameroon -N449 per litre; Burkina Faso -N433 per litre; Mali -N476 per litre; Liberia – N257 per litre; Sierra Leone -N281 per litre; Guinea -N363 per litre; and Senegal – N549 per litre.

Outside the sub-region, petrol sells for N211 per litre in Egypt and N168 per litre in Saudi Arabia.

“You can now see that even with the removal of subsidy, fuel price in Nigeria remains among the cheapest in Africa.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Celebrities

“Port Harcourt Has The Lousiest Men On Planet Earth” — Actress Sarah Martins Recounts How She Slapped A Married Man Who Asked Her For ‘H∞k Up’

Published

on

She wrote: ‘’So today, I slapped a married man!

Dear women, is high you start to tam your husbands because…..

Imagine a married man that wore his wedding band, walking up to me today and boldly asking for my phone number for us to h∞k up and have fun not minding if I’m married or not.

Normally I would have ignored him and entered my car but the moment I heard “let’s h∞k up and have fun” the right answer was the resounding slap he received from me on a hot afternoon!”

Continue Reading

News

Go After Bank CEOS, Not Cryptocurrency Traders And Binance Who Have No Political Godfathers In Nigeria — Ex-CBN Deputy Gov, Kingsley Moghalu Tells Tinubu

Published

on

Continue Reading

News

Buhari Govt Sold Nigeria’s Future, Says Governor Mutfwang

Published

on


“This government inherited an economy where we simply printed money up to the tune of ₦30 trillion and shared. This government inherited an economy where the crude oil we’re yet to take out of the ground has been sold in advance.

“So when you’re talking about the fall of the naira, it’s not rocket time. We sold our future under the last administration. No wonder you’re hearing of riots today, people intercepting food on the way. We are lucky on the Plateau that perhaps we have more food than many other states.

“And I pray that the time will not come on the Plateau that we will see this kind of riot for food, but it means we must roll over our sleeves and get to work. And that is why, for us as a government, when we announced one of the positions that talked about Food Security, people were laughing but it is a serious issue.” -Governor Caleb Mutfwang, Plateau At Swearing-In Of Special Advisers, Heads Of Govt Agencies

Continue Reading

Trending