How Much Is Petrol In Your Location? - Politics - Nairaland
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| How Much Is Petrol In Your Location? by toluxa1(m): 9:00am On Jan 27, 2023 |
It appears the scenario in the forex market is playing out in the fuel market in Nigeria now where we have multiple exchange rates. I'm based in Abuja and fuel is 190 - 195/ltr almost everywhere. I was in Ilorin earlier this week and bought fuel at 280 per litre. Today I heard they are selling between 320 - 340 in Ilorin. A friend told me this morning in Benin and Warri that fuel is selling for between 450 - 500 this morning. But as I speak it's still 195 in Abuja. Why the wide price difference? And why is Fuel cheaper in Abuja than the south where fuel is coming from? Is this price Arbitrage sustainable? How much is fuel in your Location today? 1 Like
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| Re: How Much Is Petrol In Your Location? by pyyxxaro: 9:10am On Jan 27, 2023 |
My Cousin just bought 500naira in Warri |
| Re: How Much Is Petrol In Your Location? by AsomArchitectNG(m): 9:37am On Jan 27, 2023 |
450 in Benin/Ekpoma 1 Like |
| Re: How Much Is Petrol In Your Location? by sethtsadopp: 10:35am On Jan 27, 2023 |
pyyxxaro: I no go dey buy fuel for Abuja transport to Warri so? How can fuel be nearly 3 times difference between Abuja and Warri?  |
| Re: How Much Is Petrol In Your Location? by gracewealth007(f): 7:47pm On Jan 27, 2023 |
We bought 400 around Mokwa |
| Re: How Much Is Petrol In Your Location? by Day169: 7:57pm On Jan 27, 2023 |
I just bought some for 350 naira in Abeokuta. .. no be "subsidy removal" be dat? |
| Re: How Much Is Petrol In Your Location? by toluxa1(m): 3:38pm On Jan 28, 2023 |
Day169: I don't even know what's causing the hike when subsidy hasn't been removed |
| Re: How Much Is Petrol In Your Location? by toluxa1(m): 7:37am On Feb 01, 2023 |
Fuel is N700 in Benin today. Crazy |
| Re: How Much Is Petrol In Your Location? by Idrismusty97(m): 5:00am On May 31, 2023 |
N680 private stations Lagos. 190 NNPC station but capped at N5000 per vehicle with mad queues. |
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