New Petrol Prices Across 36 States 23rd March 2024: See How Much You'll Pay at the Pump

In a significant move following the recent removal of subsidies, the Nigerian National Petroleum Company Limited (NNPCL) has unveiled the new official pump price of petrol, setting it at N617 per litre. This marks a stark increase from the previous rate of N195 per litre, eliciting varied reactions across the nation.

Effective Saturday, March 23, 2024, motorists across Nigeria are met with a new reality at fuel stations, with prices varying across the 36 states. The adjustment reflects the government's efforts to align petrol pricing with global market trends while mitigating the economic strain caused by subsidy removal. CONTINUE READING.....

Here's a glimpse of the current petrol prices across some states:

1. Abia – N687.50 Per Litre:  

   Residents in Abia state now face the challenge of adjusting to the new petrol price, grappling with its implications on transportation and living costs.

2. Abuja – N632.12 Per Litre: 

   The nation's capital witnesses a surge in petrol prices, prompting commuters and businesses to reconsider their budgets and travel plans.

3. Lagos – N663.05 Per Litre: 

   As Nigeria's economic hub, Lagos experiences the ripple effects of the petrol price hike, impacting industries and daily commuters alike.

4. Kebbi – N796.67 Per Litre: 

   Kebbi state registers one of the highest petrol prices, raising concerns among residents about its socio-economic ramifications. 

While some states grapple with soaring prices, others navigate through slightly lower rates, yet the overall sentiment revolves around the adjustment period and its impact on livelihoods.

As Nigerians adapt to the new petrol prices, it becomes imperative for stakeholders to explore sustainable solutions to alleviate the burden on citizens, ensuring economic stability and growth in the long term. Meanwhile, consumers are encouraged to adopt prudent fuel consumption practices and explore alternative transportation options to mitigate the impact of rising petrol costs.

In the midst of these changes, the nation remains resilient, poised to overcome challenges and embrace opportunities for progress and prosperity.