Nigeria ranks among the top 10 cheapest petrol selling countries 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.
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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