Nigeria’s petrol prices have continued to remain a concern for many citizens, who express frustration over the rising costs.
These petrol prices, coupled with the broader economic challenges facing the country, have been escalating complaints among the populace.
Despite the widespread complaints, recent data has revealed that Nigerians enjoy some of the lowest fuel costs in West Africa.
According to reports, Nigeria’s petrol price is below the regional average of West Africa.
Pan-Atlantic Kompass gathered that as of press time, Nigeria’s petrol prices range from N815 to N905 per liter depending on the region. This is equivalent to USD 0.532, positioning it as one of the cheapest in West Africa.
Also, checks by Pan-Atlantic Kompass on petrol prices across some West African countries revealed that some West African countries pay higher fees for petrol than Nigerians.
Below are petrol prices in selected West African countries as of June 2025, based on available data:
• Ghana: Petrol prices in Ghana hover around $1.20 per liter (about N1,920).
• Côte d’Ivoire: Fuel prices here average about $1.15 per liter (N1,840).
• Senegal: Petrol costs about $1.30 per liter (N2,080), one of the highest in the region.
• Togo: Prices in Togo are around $1.10 per liter (N1,760).
• Benin: Benin’s petrol price is estimated at $1.05 per liter (N1,680).
This was also confirmed by the President and Chief Executive Officer (CEO) of the Dangote Group, Alhaji Aliko Dangote, who recently stated that Nigerians pay about 55% less for petrol compared to the West African average of ₦1,600 per liter.
Dangote said the gap is attributed to local production from the Dangote Refinery, which sells petrol at ₦815–₦820 per liter, reducing reliance on costly imports.
He added that his refinery, with a capacity of 650,000 barrels per day, has shifted Nigeria toward energy self-sufficiency.
He said by supplying petrol in naira, the refinery eliminated foreign exchange pressures that inflate costs in other ECOWAS nations.
Dangote made this remark while playing host to the President of the Economic Community of West African States Commission, Dr Omar Touray at his 650,000 barrels-per-day facility.
He said: “Last year when we began diesel production, we were able to reduce the price from N1,700 to N1,100. This reduction has made a significant impact across various sectors. It has supported industries, benefited those of us in mining, and provided vital relief to the agricultural sector. The effect has been far-reaching.
“In neighboring countries, the average price of petrol is around $1 per liter, which is N1,600. But here at our refinery, we’re selling at between N815 and N820. Many Nigerians don’t realize that they are currently paying just 55 percent of what others in the region are paying for petrol.”
