Nigeria has recently been recognized for having some of the lowest pump prices in Africa, ranking among the top 10 countries despite the ongoing challenges of rising petrol costs.
Leading the list is Libya, followed by other oil-producing nations like Angola and Algeria. While Nigerians are currently facing petrol prices between N1,200 and N1,300, depending on their location, this ranking highlights the potential for Nigeria to leverage its resources more effectively.
As of October 2024, Nigeria’s position among the top 10 African countries with the lowest fuel prices presents an opportunity for continued efforts toward improving fuel accessibility and affordability for its citizens.. …CONTINUE READING