Nigeria’s petrol price climbs to ₦1,596 per litre in May — NBS (opens original article in a new tab)

Nigeria's petrol price increased to ₦1,596.25 per litre in May 2026, marking a significant rise from the previous year and highlighting regional price variations across the country.

• Nigeria's petrol price rose to ₦1,596.25 per litre in May 2026, up 55.31% from May 2025's ₦1,027.76 per litre
• Edo state had the highest petrol price at ₦1,722.91 per litre, while Adamawa had the lowest at ₦1,469.83 per litre
• South-South geopolitical zone recorded the highest average petrol price at ₦1,623.84 per litre
• Petrol prices have shown an upward trend since deregulation of the downstream petroleum sector