Key figure

Petrol Price in Nigeria Today

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Direct answer

Nigeria's latest petrol price average is ₦1,034.76 per litre.

That is the official national average from the January 2026 NBS petrol price release. State prices vary, with some states much cheaper or more expensive than the average.

National average

₦1,034.76

January 2026

Most expensive state

₦1,171.77

Cross River

Cheapest state

₦946.90

Ekiti

Direction

-1.32% MoM

Lower than December 2025 nationally

What this means

Petrol is still expensive even after a monthly dip

The national average fell slightly from December 2025 to January 2026, but petrol remains expensive by historical standards.

That matters because transport, generator use, logistics, and food distribution all react to fuel prices.

In simple terms: one small monthly decline does not undo the broader fuel-cost shock households and businesses still live with.