Nigeria ranked 6th country with cheapest petrol price in Africa, 22nd globally

Nigeria has been ranked as the sixth country with the cheapest price of Premium Motor Spirit (PMS) popularly known as petrol in Africa and the 22nd globally.

This is according to a new report released on January 1, 2024 has shown.

Nigeria’s average petrol price stands at $0.722 equivalent to N657 according to the report.