Economy
Petrol Pump Price in Nigeria still remains amongst lowest in Africa – Lai Mohammed
The Federal Government has said that despite the recent increase in the pump price of petrol to N162 per litre, this price still remains among the cheapest in Africa.
This was revealed by the Minister of Information and Culture, Lai Mohammed, at a press conference in Abuja.
Lai Mohammed 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.
He further released a comparative analysis of petrol prices in some African countries (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”.
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