Alama ReportNigeria

Nigeria fuel prices: petrol, power, oil and gas

Petrol prices in Nigeria, May 2026, with power, oil and gas figures, each checked against its official source.

Updated November 5, 2026

A storm approaching an oil platform in the Bight of Bonny, in 2013
A storm approaching an oil platform in the Bight of Bonny, in 2013. Photo: Swandau / Wikimedia Commons, CC BY-SA 3.0

This page gathers the latest figures on this topic, each checked against its official source, and every Alama Report story on it. It is updated as new data comes out.

Latest figures

Crude oil and condensate output, daily average
1.7 mn barrels per day · September 2026
Source: NUPRC statement on domestic crude supply (remarks by chief executive Oritsemeyiwa Eyesan, OTL Africa Downstream Energy Week, Lagos, October 26, 2026), as reported by Nairametrics (October 27, 2026)
Crude oil exports, quarterly value
12,914.3bn NGN · Q2 2026
Source: NBS, Foreign Trade in Goods Statistics Q2 2026
Oil sector, real growth on a year earlier
7.31% · Q2 2026
Source: NBS, Nigerian Gross Domestic Product Report Q2 2026
Average petrol pump price
1,596.2 naira per liter · May 2026
Source: NBS, Premium Motor Spirit (Petrol) Price Watch (May 2026)

Figures checked against their source.

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