Diesel prices push higher in Nigeria, squeezing logistics and SMEs
AGO climbed ~2.8% week-on-week to ₦1,180 per litre, raising costs for haulage, manufacturing and off-grid power.
By Opaindex Markets Desk · · Nigeria · 2 min read
Diesel (AGO) prices rose to an average of ₦1,180 per litre this week, up roughly 2.8%, tightening margins across logistics, manufacturing and off-grid power generation.
Because diesel underpins haulage, the move ripples into the cost of goods from cement to food staples.
Petrol holds
Petrol (PMS) was broadly stable at ₦905 per litre. Opaindex tracks both daily across depots and retail stations.
Live data in this story
Sources
- Opaindex depot & retail survey
- NMDPRA