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Nigeria is the 6th Cheapest Place to Buy Petrol in the World

By Uzonna Anele

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Nigeria ranks among the top 10 cheapest petrol selling countries in the world.

Nigeria is the 6th Cheapest Place to Buy Petrol in the World

With a pump price of N145 ($0.41) per litre, Nigeria is the 6th cheapest place in the world to buy petrol.

Other countries among the cheapest places to buy petrol are Venezuela ($0.01), Sudan ($0.13), Iran ($0.29), Kuwait ($0.34), and Algeria ($0.35).

The average price of petrol around the world is $1.09 per litre (395 Naira), according to GlobalPetrolPrices.com, which publishes data on retail fuel prices around the world and tracking over 150 countries on a weekly basis.

Zimbabwe currently is the most expensive place to buy petrol in the world. A litre of petrol now sells for an equivalent of N1,200 per litre in Zimbabwe.

Nigeria is the 6th Cheapest Place to Buy Petrol in the World

The 10 Cheapest Places to Buy Petrol in the World

Rank Country Price per litre (US Dollar)
1 Venezuela 0.01
2 Sudan 0.13
3 Iran 0.29
4 Kuwait 0.34
5 Algeria 0.35
6 Nigeria 0.41
7 Turkmenistan 0.43
8 Qatar 0.43
9 Egypt 0.43
10 Malaysia 0.46

The 10 Cheapest Places to Buy Petrol in Africa

Rank Country Price per litre (US Dollar)
1 Nigeria 0.41
2 Egypt 0.42
3 Angola 0.52
4 Ethiopia 0.67
5 Tunisia 0.68
6 Benin 0.81
7 Lesotho 0.86
8 Botswana 0.87
9 Namibia 0.87
10 Chad 0.89
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Uzonna Anele
Anele is a web developer and a Pan-Africanist who believes bad leadership is the only thing keeping Africa from taking its rightful place in the modern world.

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