Libya remains the African country with the lowest petrol prices, as octane-95 gasoline costs just 0.15 Libyan dinars per litre, approximately $0.032 or N52 as of Monday, September 16, 2024......See Full Story>>.....See Full Story>>
The price of Libya is according to a report by Global Petrol Prices, a platform that tracks retail fuel costs worldwide.
Libya’s cheap petrol is only behind Iran in the global ranking.
Other African countries with low petrol prices include Egypt, Algeria, and Angola at $0.279(N457.17), $0.342(N560.41), and $0.351(N575.16) per litre, respectively.
Countries with the highest petrol prices in Nigeria
Nigeria, an oil-producing giant, finds itself on the opposite side of the pricing scale.
Nigeria’s current average petrol price is N1,000 per litre, with black market rates surging to as much as N1,400 per litre.
Other African countries with high petrol prices include the Central African Republic, which tops the list, where fuel costs $1.83 per litre.
Other countries with higher prices include Senegal ($1.646), Seychelles ($1.595), Zimbabwe ($1.590), Morocco ($1.527), and Uganda ($1.475).
Malawi ($1.458), Côte d’Ivoire ($1.455), Kenya ($1.453), and Sierra Leone ($1.448) complete the top 10 countries with the highest petrol prices.
Nigerians react to Libya petrol price
AbbaM_Abiyos wrote: “Petrol is N52 in Libya. Libya is a country that has no leadership but a unity government. Currently, Libya is more stable than Nigeria today, in terms of economy and cost of living.”
Iam_Czar added: “A bottle of water in Libya is more expensive than a litre of petrol in Libya.”
imermu said: “Despite the Libya war, their government still subsidised its petrol for the benefit of the citizens, while in Nigeria the story is different.”