Post by Henry Emeka (@Emekus)

Nigeria removed subsidies in 2023, which is why prices rose sharply.

Full domestic refining capacity countries with cheap fuel Saudi Arabia, UAE, Angola, Libya refine most of their crude locally.
Nigeria still imports a significant share of PMS, which keeps prices high.

Government subsidies or price controls low‑price countries subsidize fuel heavily.




https://energyinafrica.com/guide/fuel-prices-in-africa-by-country/?utm_source=copilot.com

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