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.
Picha iliyoundwa na AI

Oil firms hike fuel prices again on April 7

Imeripotiwa na AI Picha iliyoundwa na AI

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.

Imeripotiwa na AI

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.

Mamlaka ya Udhibiti wa Nishati na Petroli (EPRA) imetangaza ongezeko la bei za mafuta kwa mzunguko wa Aprili-Mei 2026, na petroli ikipanda kwa Ksh28.69 kwa lita hadi Ksh206.97 huko Nairobi. Dizeli imepanda kwa Ksh40.30 hadi Ksh206.84 kwa lita, wakati shitari imebaki bila kubadilika kwa Ksh152.78. Ongezeko hili linatokana na bei za kutua zilizopanda sana pamoja na ushuru na kodi nyingi.

Imeripotiwa na AI

As the US-Israeli war with Iran enters its second week, oil prices have surged to $104-$120 per barrel amid Strait of Hormuz blockades, intensifying inflation and fuel cost fears in South Africa. With the rand at R16.90/$, analysts predict petrol above R23/litre and potential SARB rate hikes.

Diesel prices in Metro Manila could drop to P70 to P90 per liter next week. Local fuel retailers are expected to implement fresh rollbacks following progress in Middle East peace talks.

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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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