Gasoline Prices in Nigeria decreased to 0.60 USD/Liter in June from 0.65 USD/Liter in May of 2025. This dataset provides the latest reported value for - Nigeria Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Nigeria Average Fuel Price: Petrol data was reported at 145.701 l in Jan 2019. This records a decrease from the previous number of 145.777 l for Dec 2018. Nigeria Average Fuel Price: Petrol data is updated monthly, averaging 147.773 l from Jan 2017 (Median) to Jan 2019, with 24 observations. The data reached an all-time high of 190.875 l in Jan 2018 and a record low of 109.600 l in Jan 2017. Nigeria Average Fuel Price: Petrol data remains active status in CEIC and is reported by National Bureau of Statistics of the Federal Republic of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P003: Average Fuel Price.

Nigeria: Food price index, world average = 100: The latest value from 2021 is 101.71 index points, an increase from 84.436 index points in 2017. In comparison, the world average is 105.854 index points, based on data from 165 countries. Historically, the average for Nigeria from 2017 to 2021 is 93.073 index points. The minimum value, 84.436 index points, was reached in 2017 while the maximum of 101.71 index points was recorded in 2021.

In April 2024, food prices in Nigeria increased considerably compared to April of the preceding year. Prices of sweet potato, plantain (unripe), and broken rice (ofada) increased the most. In particular, the price of a kilogram of unripe plantain grew by over 168 percent compared to the previous year, while the price of a tuber of yam rose by about 154 percent. Overall, none of the selected foods recorded a price decrease.

Nigeria Average Fuel Price: Diesel data was reported at 225.086 l in Jan 2019. This records an increase from the previous number of 221.564 l for Dec 2018. Nigeria Average Fuel Price: Diesel data is updated monthly, averaging 200.610 l from Jun 2015 (Median) to Jan 2019, with 44 observations. The data reached an all-time high of 249.378 l in Feb 2017 and a record low of 145.569 l in Jul 2015. Nigeria Average Fuel Price: Diesel data remains active status in CEIC and is reported by National Bureau of Statistics of the Federal Republic of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P003: Average Fuel Price.

Nigeria: Housing and utilities price index, world average = 100: The latest value from 2021 is 51.54 index points, a decline from 51.963 index points in 2017. In comparison, the world average is 77.639 index points, based on data from 165 countries. Historically, the average for Nigeria from 2017 to 2021 is 51.752 index points. The minimum value, 51.54 index points, was reached in 2021 while the maximum of 51.963 index points was recorded in 2017.

Nigeria Commodity Price: Soyabeans data was reported at 479.720 USD/Metric Ton in Jun 2024. This records a decrease from the previous number of 490.220 USD/Metric Ton for May 2024. Nigeria Commodity Price: Soyabeans data is updated monthly, averaging 430.910 USD/Metric Ton from Jan 2009 (Median) to Jun 2024, with 186 observations. The data reached an all-time high of 737.060 USD/Metric Ton in Jun 2022 and a record low of 319.080 USD/Metric Ton in Nov 2015. Nigeria Commodity Price: Soyabeans data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P001: Commodity Prices.

Core Consumer Prices in Nigeria increased to 120.80 points in May from 119.50 points in April of 2025. This dataset provides - Nigeria Core Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In October 2024, the price of diesel in Nigeria rose by around *** 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 ** 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.

Nigeria: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.46 dollars, a decline from 0.56 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Nigeria from 1991 to 2016 is 0.34 dollars. The minimum value, 0.02 dollars, was reached in 1992 while the maximum of 0.62 dollars was recorded in 2012.

Graph and download economic data for Consumer Prices: All Items for Nigeria (NGAPCPIPCPPPT) from 2000 to 2026 about Nigeria, consumer prices, REO, all items, consumer, and rate.

GDP Constant Prices in Nigeria increased to 79289392.63 NGN Million in the fourth quarter of 2024 from 20115766.93 NGN Million in the third quarter of 2024. This dataset provides - Nigeria GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria Commodity Price: Wheat data was reported at 265.550 USD/Metric Ton in Jun 2024. This records a decrease from the previous number of 289.420 USD/Metric Ton for May 2024. Nigeria Commodity Price: Wheat data is updated monthly, averaging 229.570 USD/Metric Ton from Jan 2009 (Median) to Jun 2024, with 186 observations. The data reached an all-time high of 522.290 USD/Metric Ton in May 2022 and a record low of 122.550 USD/Metric Ton in Nov 2016. Nigeria Commodity Price: Wheat data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P001: Commodity Prices.

Abstract

Energy price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes energy price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

Geographic coverage notes

The data cover the following sub-national areas: Abia, Borno, Yobe, Katsina, Kano, Kaduna, Gombe, Jigawa, Kebbi, Oyo, Sokoto, Zamfara, Lagos, Adamawa, Market Average

Nigeria GDP: Basic Prices: Industry: Mfg: Other Manufacturing data was reported at 400,428.526 NGN mn in 2017. This records an increase from the previous number of 390,718.314 NGN mn for 2016. Nigeria GDP: Basic Prices: Industry: Mfg: Other Manufacturing data is updated yearly, averaging 69,009.937 NGN mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 434,498.156 NGN mn in 2014 and a record low of 1,985.911 NGN mn in 1982. Nigeria GDP: Basic Prices: Industry: Mfg: Other Manufacturing data remains active status in CEIC and is reported by National Bureau of Statistics of the Federal Republic of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.A007: GDP: by Industry: Current Price: Annual.

Graph and download economic data for Real GDP at Constant National Prices for Nigeria (RGDPNANGA666NRUG) from 1950 to 2019 about Nigeria, real, GDP, and price.

As of February 2025, the average price of gasoline in Nigeria was around ***** Nigerian naira (NGN) per liter, around **** U.S. dollars. Compared to the previous month, the price decreased. In February 2024, the average price of petrol in the country stood at approximately *** NGN.

Nigeria: Vehicle prices, world average = 100: The latest value from 2021 is 105.57 index points, a decline from 113.58 index points in 2017. In comparison, the world average is 108.07 index points, based on data from 165 countries. Historically, the average for Nigeria from 2017 to 2021 is 109.58 index points. The minimum value, 105.57 index points, was reached in 2021 while the maximum of 113.58 index points was recorded in 2017.

Nigeria: Education service price index, world average = 100: The latest value from 2021 is 50.49 index points, a decline from 58.91 index points in 2017. In comparison, the world average is 72.61 index points, based on data from 165 countries. Historically, the average for Nigeria from 2017 to 2021 is 54.7 index points. The minimum value, 50.49 index points, was reached in 2021 while the maximum of 58.91 index points was recorded in 2017.

The project connects farmers with suppliers, improve agriculture extension services and inputs, and stimulate market growth to present new opportunities for millions of households to improve their standard of living and quality of life. This data asset contains agricultural prices for select markets on a monthly basis from January 2000 to December 2016 in Kebbi State. Data consists of 14 files with monthly prices for maize, millet, sorghum and rice in select markets in Kebbi State.