Monthly percentage change in diesel prices in Nigeria 2019-2024
In October 2024, the price of diesel in Nigeria rose by around 1.6 percent, compared to the previous month. In the period under review, the largest increase was recorded in March 2022, when the average price increased by almost 73 percent in comparison to the previous month. This steep rise was related to a global fuel shortage and supply chain challenges triggered by the war in Ukraine and regulations.