Petrol price hits N1,400 per litre in Nigeria

Petrol prices have reached N1,400 per litre across Nigeria, according to a Daily Trust report. This development is said to be deepening the woes of Nigerians. The article features contributions from correspondents in multiple cities.

A Daily Trust article published on 2026-03-23 reports that petrol has hit N1,400 per litre in Nigeria, deepening citizens' woes. The piece is credited to reporters Abdullateef Aliyu and Dotun Omisakin from Lagos; Ahmad Datti from Kano; Mumini Abdulkareem from Ilorin; Bassey Willie from Port Harcourt; and Philip Shimnom Clement from Abuja. This multi-city byline suggests the price surge affects various regions. No specific causes or further details on the price increase are provided in the available source excerpt.

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Realistic depiction of a gas station with surging fuel prices amid US-Iran tensions and oil disruptions.
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Oil firms hike fuel prices again on April 7

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Oil companies raised fuel prices again on Tuesday, April 7, 2026, with diesel hikes up to P19.80 per liter. The increases stem from ongoing US-Iran tensions and global oil supply disruptions. This marks the 13th to 15th consecutive weekly rise.

Oil companies implemented major fuel price hikes effective April 7, pushing diesel prices past P140 to P150 per liter in several areas. The increases stem from volatility in global crude markets reacting to Middle East conflict. These mark historic highs despite staggered adjustments.

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South African petrol prices will rise by R3.06 per litre to R23.25 inland from midnight on 1 April, while diesel reaches a record R26.11 per litre after a R7.51 increase. The hike stems from global oil prices exceeding $100 per barrel amid the Iran war and a weakened rand. A temporary R3 per litre reduction in the fuel levy cushions the impact.

Ethiopia's Ministry of Trade and Regional Integration has raised fuel prices effective April 1, 2026, with white diesel increasing by 16.6% to 163.09 birr per liter. The move comes as the fuel subsidy burden reaches nearly 272 billion birr. Officials cite global oil market disruptions from Middle East conflicts.

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The National Petroleum Company reported minor fuel price changes on Wednesday that take effect Thursday, May 7. 93-octane gasoline rises 0.1 pesos per liter and diesel falls 47.3 pesos, while kerosene stays the same.

The Kenya Transporters Association has urged the Ministry of Energy to urgently tackle ongoing fuel shortages ahead of the next price review scheduled for May 14, 2026.

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South Africa's Fuels Industry Association states that fuel supplies are stable but tight, especially for diesel, ahead of price increases on 1 April 2026. President Cyril Ramaphosa said he and Finance Minister Enoch Godongwana are concerned about the situation. Taxi operators and consumers warn of impacts from hikes exceeding R5 per litre for petrol and nearly R10 for diesel.

 

 

 

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