Nigeria Ranked 6th Among African Countries With Lowest Fuel Prices

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Fuel prices across Africa in 2025 highlight a complex energy landscape shaped by local production, subsidies, and reliance on imports. Oil-rich nations like Libya and Angola maintain some of the continent’s cheapest fuel prices, while import-dependent countries such as Ethiopia and Liberia face higher costs.

As global oil prices remain volatile, African governments must balance subsidies, production levels, and market dynamics to ensure fuel affordability for their populations. According to GlobalPetrolPrices.com, here are the top 10 African countries with the lowest fuel prices at the start of 2025:

1. Libya

Price per litre: $0.030

Libya leads the continent with the cheapest fuel prices, thanks to its extensive oil reserves that underpin its economy. The country’s subsidized fuel policies further ensure affordability for its citizens.

2. Angola

Price per litre: $0.328

As one of Africa’s largest oil producers, Angola leverages its significant share of the global oil market to maintain low domestic fuel prices, benefiting its population economically.

3. Egypt

Price per litre: $0.336

Egypt’s investment in its oil and gas sector, combined with government subsidies, keeps fuel costs low. This approach supports broader economic stability for the country.

4. Algeria

Price per litre: $0.339

Algeria benefits from vast oil and gas reserves, with government subsidies ensuring affordable fuel prices. This helps maintain economic stability and low transportation costs.

5. Sudan

Price per litre: $0.700

Despite economic challenges, Sudan’s domestic oil production helps keep fuel prices low. However, fluctuations in output and external pressures remain concerns for long-term price stability.

6. Nigeria

Price per litre: $0.769

Nigeria, Africa’s largest oil producer, maintains relatively low fuel prices. However, its pricing is influenced by global market trends, subsidy reforms, and domestic economic policies.

7. Tunisia

Price per litre: $0.794

Tunisia relies on limited domestic production but benefits from regional oil access and government subsidies. However, economic pressures could lead to future price adjustments.

8. Ethiopia

Price per litre: $0.805

Ethiopia imports most of its fuel but manages to stabilize costs through government interventions, helping its population cope with global price fluctuations.

9. Liberia

Price per litre: $0.829

Liberia’s reliance on fuel imports is mitigated by trade agreements and policies aimed at keeping prices affordable. However, limited domestic production adds vulnerability to external price shifts.

10. Gabon

Price per litre: $0.944

Gabon’s oil reserves allow it to maintain relatively low fuel prices. However, its smaller production capacity compared to other oil-rich nations leads to slightly higher costs.

Energy Challenges Across Africa

This ranking underscores the diversity of energy policies and economic conditions across the continent. While oil-rich nations benefit from low prices, import-reliant countries must navigate global market volatility and limited resources to ensure affordability.

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