African countries continue to pay high prices amid changes in global oil markets. Although many, including Nigeria, witnessed a decrease in Noveber, high fuel prices remain a burden.
According to data from the Global Petrol Prices platform, the average fuel price is currently $1.24 per litre (N2,096), compared to $1.27 per litre (N2,146) last month.
Fuel prices in the Central Africa Republic, Senegal, Seychelles, Ivory Coast, Mauritius, and Sierra Leone decreased in November compared to the previous month.
In contrast, BusinessInsider reports Zimbabwe recorded a slight increase in fuel prices.
Malawi’s fuel price remained unchanged, while Guinea and Kenya entered the top ten list for the first time this month....Read Full Article [Click Here>]
Central Africa Republic: $1.780 (N3,002)
Senegal: $1.611 (N2,719)
Zimbabwe: $1.510 (N2,552)
Seychelles: $1.489 (N2,513)
Malawi: $1.458 (N2,462)
Ivory Coast: $1.424 (N2,405)
Mauritius: $1.405 (N2,373)
Guinea: $1.390 (N2,349)
Sierra Leone: $1.387 (N2,344)
Kenya: $1.385 (N2,342)
Checks by Legit.ng on Sunday, November 17, 2024, show that petrol stations slashed prices by as much as N70 per litre.
At the Lado petrol station along the Iju-Ishaga axis, officials were seen dispensing petrol to motorists at N1,050 from N1,125 it sold the product last week.
In the global ranking, Nigeria’s fuel price is ranked as the 15th cheapest in the world for November.
