UNCTAD says Nigerian diesel prices rose 82.7% from February to August
The report ranked Nigeria highest in its comparison of cumulative fuel-price changes over the period.
- Publish date: 2026-10-10
- Category: Standards & Policy
- Original source: Nairametrics
- Reading time: 1 min read
UNCTAD’s Trade and Development Report 2026 said Nigerian diesel pump prices increased 82.7% between February 23 and August 31, 2026, the largest rise among the countries and territories compared. It put the petrol increase at 48.1%, fourth highest in the sample. These are cumulative changes across the stated dates, not year-on-year inflation rates; the comparison uses data through August 31, while NBS retail-price figures cited in the article only extend through May.