Opaindex
Energy prices in Nigeria
Sector market report · 6 tracked items ·
Energy prices in Nigeria were mostly lower in the week to 13 July 2026: of 6 tracked items, 0 rose and 1 eased, with Petrol (PMS) the biggest move (-0.2% to ₦1,075 per litre).
Key takeaways
- Opaindex tracks 6 energy price points in Nigeria, each carrying its source, as-of date and confidence rating.
- In the week to 13 July 2026, 0 items rose and 1 eased week-on-week.
- Petrol (PMS) saw the biggest move, -0.2% to ₦1,075 per litre.
- Prices range from ₦210 (Electricity (Band A tariff)) to ₦22,382 (Cooking Gas (12.5kg refill)), drawn from 6 distinct sources.
Current energy prices
| Item | Price | Day |
|---|---|---|
| Cooking Gas (12.5kg refill) Nigeria · per 12.5kg refill Confidence: High confidence | ₦22,382 | 0.0% |
| Kerosene (HHK) Nigeria · per litre Confidence: High confidence | ₦2,972 | 0.0% |
| Diesel (AGO) Nigeria · per litre Confidence: High confidence | ₦1,500 | 0.0% |
| Cooking Gas (LPG) Nigeria · per kg Confidence: Medium confidence | ₦1,400 | 0.0% |
| Petrol (PMS) Nigeria · per litre Confidence: High confidence | ₦1,075 | 0.0% |
| Electricity (Band A tariff) Nigeria · per kWh Confidence: Medium confidence | ₦210 | 0.0% |
Tap any item for its full sourced page — price history, source, freshness and confidence.
This week
Risers (0)
No risers this week.
Decliners (1)
- Petrol (PMS) -0.2%
Biggest move: Petrol (PMS), -0.2% to ₦1,075.
Related coverage
- Nigeria weekly market wrap (13 July 2026): Cement leads price gains
Across 7 daily-tracked Nigerian prices, 4 rose and 3 eased in the week to 13 July 2026 — Cement led gains (+3.2%) while Rice (local) eased (-2.3%).
- Dangote cuts petrol to ₦1,075 a litre and opens sales to all marketers
Dangote Refinery lowered its ex-depot petrol price by ₦50 to ₦1,075 per litre from early July 2026 — its second cut in a week and a cumulative ₦200 reduction since late May — and scrapped its 20-marketer loading consortium so any qualified marketer can now buy directly from the gantry and coastal terminals.
- Nigeria's oil output tops its OPEC quota for the first time in 2026 — but stays below the budget target
Crude production averaged about 1.53 million barrels a day in May 2026 — 102% of Nigeria's 1.5m bpd OPEC quota and a 15-month high — as Trans Niger Pipeline security held. With condensate, combined output reached roughly 1.70m bpd, underpinning the naira and a 17-year reserves high. It still trails the 2.06m bpd the 2026 budget assumes.
- Nigeria pulls in $10.37bn of foreign capital in Q1 2026 — but 95% is portfolio 'hot money', not FDI
Capital importation jumped 83.8% year-on-year to a multi-year-high $10.37bn in the first quarter of 2026, NBS data shows. The inflows are helping rebuild reserves and steady the naira — but portfolio funds made up 95% of the total while foreign direct investment was just $135m.