How much is fuel per liter in Nigeria?

Nigeria Gasoline prices Liter Gallon
USD 0.403 1.526
EUR 0.331 1.253

How much is fuel in Nigeria today?

Presently, the official pump price of petrol (PMS) in Nigeria is N145. However, going by current market data, the commodity presently goes for prices ranging from N142 to N155. The over-the-country average price of petrol is presently N147. 50 per litre.

How much does a Litre of petrol cost?

The average price of a litre of fuel in the UK is now around £1.24 for petrol and £1.30 for diesel.

How much is a Litre of fuel in Nigeria 2021?

Average petrol prices in Nigeria 2019-2021. As of January 2021, the average price of gasoline in Nigeria was 164 Naira per liter, about 0.4 U.S. dollars.

How much is a liter of diesel in Nigeria?

Nigeria: The price of diesel is 237.19 Nigerian Naira per liter.

Nigeria Diesel prices, liter, 07-Jun-2021.

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Nigeria Diesel prices Liter Gallon
NGN 237.190 897.861
USD 0.575 2.177
EUR 0.472 1.787

Why is fuel price increasing?

Increasing central and state taxes on petrol and diesel are the key reason for the prices of petrol and diesel being at record highs, even though the price of crude oil is only 3.5 per cent higher than at the beginning of 2020, before the Covid-19 pandemic led to a sharp fall in the demand for crude oil.

What is fuel subsidy?

Fuel subsidy means that a fraction of the price that consumers are supposed to pay to enjoy the use of petroleum products is paid by government so as to ease the price burden.

How far can you go on 1 Litre of petrol?

Originally Answered: How far can you go with 1 litre of petrol? That depends on which vehicle you used to travel. You can travel 3kms per litre to 25kms in a car. If you’re using a bike, it varies from 7 to 70km.

How much is fuel at Asda?

May 2021 Average Fuel Prices

Outlet Diesel Unleaded
ASDA 125.54 122.74
BP 132.91 129.44
CO-OPERATIVE 132.33 129.46
ESSO 133 129.75

How do I calculate how much petrol I need?

To estimate the fuel cost for a trip you must know the trip distance, the average per litre cost of fuel and the vehicle’s fuel consumption.

  1. Divide the trip distance by 100.
  2. Multiply the result of this by the fuel consumption.
  3. Then multiply this figure by the cost of fuel/litre.

How much is kerosene per Litre in Nigeria?

Nigeria: The price of kerosene is 362.68 Nigerian Naira per liter. For comparison, the average price of kerosene in the world for this period is 324.04 Nigerian Naira.

Nigeria Kerosene prices, liter, 07-Jun-2021.

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Nigeria Kerosene prices Liter Gallon
NGN 362.680 1,372.892
USD 0.879 3.327
EUR 0.722 2.733

How much is a Litre of fuel in USA?

Gasoline prices per liter, octane-95: We show prices for USA from 01-Mar-2021 to 07-Jun-2021.

USA Gasoline prices, 07-Jun-2021.

USA Gasoline prices Liter Gallon
USD 0.898 3.399
EUR 0.737 2.790

What will fuel cost 2020?

Americans are likely to pay an average of $2.60 a gallon in 2020, according to fuel savings app GasBuddy’s annual forecast. On the whole, drivers haven’t paid more than $3 nationwide since 2014, when prices averaged $3.36, according to the U.S. Energy Information Administration.

How much is a Litre of diesel in Lagos?

Diesel Price Watch – March 2019

State Units 2019 Mar
Kebbi NGN per litre 227.50
Kogi NGN per litre 220.33
Kwara NGN per litre 234.00
Lagos NGN per litre 233.64

How much is a Litre of fuel in Abuja?

Abuja Gasoline prices, liter

The average value for Abuja during that period was 169.47 Nigerian Naira with a minimum of 165.57 Nigerian Naira on 08-Mar-2021 and a maximum of 174.23 Nigerian Naira on 19-Apr-2021.

How many Litres make a barrel?

In the oil industry, an oil barrel is defined as 42 US gallons, which is about 159 litres, or 35 imperial gallons.

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