The price of petrol is $1.4–$1.8 per litre across French West Africa. “This metric directly links global commodity prices to the daily reality and experience of the workforce,” he added. The economist also described direct comparisons of petrol prices across countries as misleading. “A nominal comparison of petrol prices per litre shows Nigeria among the lowest globally, but this is a fallacy,” he said, adding that such comparisons must be viewed alongside labour productivity. “Done this way, yes, Nigeria’s petrol is relatively not cheap.

Source: Punch March 28, 2026 21:17 UTC