Politics Now

Founded in the understanding that politics as the vehicle for enthroning leadership in Nigeria

fuel-pump dangote

Fuel Pump

Report shows Nigeria has cheapest petrol in West Africa 

Petrol prices in West African countries show massive disparity in 2025, with Nigeria having the lowest cost at $0.55 or N870 per litre.

 

Despite fuel subsidy removal in 2023, Nigeria’s growing refining capacity, especially the massive Dangote Refinery, has helped to stabilise prices.

 

In contrast to other West African countries such as Mali and Sierra Leone, where petrol imports have continued, petrol prices have soared, widening the price gap and reshaping household spending and regional fuel trade dynamics.

 

According to data by Petroleumpriceng, Nigeria is leading other African countries with affordability.

In West Africa, countries with weaker currencies have seen their prices jump, especially those paying for imports in dollar.

 

Ghana remains above $2 per litre threshold despite fuel policy reforms.

 

Reports say Sierra Leone and Mali, which grapple with inflation and fiscal challenges, continue to record some of the highest fuel prices in Sub-Saharan Africa, crossing N2,600 per litre in Nigerian currency.

 

Experts say that as domestic consumption grows, countries such as Ghana and Senegal explore refinery upgrades, while Nigeria focuses on sustaining local supply and distribution.

 

They say unless West Africa increases refining infrastructure or improves forex liquidity, the difference in affordability may continue, making Nigeria an outlier in regional energy pricing.

 

Top 10 West African countries and their prices

 

Nigeria: N870 per litre

Liberia: N2,123.51 per litre

Togo: N2.624.77 per litre

Benin Republic: N2.630.22 per litre

Ivory Coast: N3,375.43 per litre

Burkina Faso: N3,343.74 per litre

Mali: N3,993.47

Senegal: N3,660.68

Ghana: N3,201.11

Guinea: N3,502.21

 

About The Author