Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,844 members, 7,810,255 topics. Date: Saturday, 27 April 2024 at 02:53 AM

How Much Is Petrol In Your Location? - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / How Much Is Petrol In Your Location? (334 Views)

How Much Is Petrol Sold In Your Area? / FG Removes Electricity Subsidy Quietly, Petrol In Phases / How Much Is Petrol In Your Area? (2) (3) (4)

(1) (Reply) (Go Down)

How Much Is Petrol In Your Location? by toluxa1(m): 9:00am On Jan 27, 2023
It appears the scenario in the forex market is playing out in the fuel market in Nigeria now where we have multiple exchange rates. I'm based in Abuja and fuel is 190 - 195/ltr almost everywhere. I was in Ilorin earlier this week and bought fuel at 280 per litre. Today I heard they are selling between 320 - 340 in Ilorin. A friend told me this morning in Benin and Warri that fuel is selling for between 450 - 500 this morning. But as I speak it's still 195 in Abuja. Why the wide price difference? And why is Fuel cheaper in Abuja than the south where fuel is coming from? Is this price Arbitrage sustainable?

How much is fuel in your Location today?

1 Like

Re: How Much Is Petrol In Your Location? by pyyxxaro: 9:10am On Jan 27, 2023
My Cousin just bought 500naira in Warri
Re: How Much Is Petrol In Your Location? by AsomArchitectNG(m): 9:37am On Jan 27, 2023
450 in Benin/Ekpoma

1 Like

Re: How Much Is Petrol In Your Location? by sethtsadopp: 10:35am On Jan 27, 2023
pyyxxaro:
My Cousin just bought 500naira in Warri

I no go dey buy fuel for Abuja transport to Warri so? How can fuel be nearly 3 times difference between Abuja and Warri? shocked
Re: How Much Is Petrol In Your Location? by gracewealth007(f): 7:47pm On Jan 27, 2023
We bought 400 around Mokwa
Re: How Much Is Petrol In Your Location? by Day169: 7:57pm On Jan 27, 2023
I just bought some for 350 naira in Abeokuta.
.. no be "subsidy removal" be dat?
Re: How Much Is Petrol In Your Location? by toluxa1(m): 3:38pm On Jan 28, 2023
Day169:
I just bought some for 350 naira in Abeokuta.
.. no be "subsidy removal" be dat?

I don't even know what's causing the hike when subsidy hasn't been removed
Re: How Much Is Petrol In Your Location? by toluxa1(m): 7:37am On Feb 01, 2023
Fuel is N700 in Benin today. Crazy
Re: How Much Is Petrol In Your Location? by Idrismusty97(m): 5:00am On May 31, 2023
N680 private stations Lagos. 190 NNPC station but capped at N5000 per vehicle with mad queues.

(1) (Reply)

Kaduna Guber Candidate, Uba Sani, Backs New Naira Notes Policy (Video) / Tinubu: Architect Of Modern Lagos / World Igbo Day In Lagos

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 25
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.