Library / NMDPRA Factsheet - September 2026

NMDPRA Factsheet - September 2026

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The Authority
Midstream and Downstream Statistics:
September 2026
Indicative fuel prices
1–30 September 2026
CRUDE OIL (DATED BRENT)
$116.77 / bbl
GASOLINE FOB COST
$1,234.06 / MT
NFEM FX RATE
₦1,327.31 / USD
PMS regional pump prices
NAIRA PER LITRE · MAJOR COMMERCIAL CENTRES
Indicative price
Minimum actual
Maximum actual
Actual price range
₦1,250
₦1,300
₦1,350
₦1,400
₦1,450
₦1,500
Indicative
Min actual
Max actual
Lagos
1,371.01
1,293.75
1,367.50
Abuja
1,420.01
1,345.00
1,445.00
Kano
1,447.75
1,330.00
1,430.00
Calabar
1,374.64
1,330.00
1,390.00
Sokoto
1,444.66
1,354.25
1,437.50
Maiduguri
1,464.75
1,410.50
1,450.00
Ibadan
1,369.75
1,338.00
1,425.00
Enugu
1,409.23
1,315.00
1,433.75
Note: Indicative pump price is calculated on the cost of supply with reference to the European benchmark, at the
average NFEM rate.
LPG retail price matrix
NAIRA PER KILOGRAM · INCLUSIVE OF PROPANE
HIGHEST OBSERVED PRICE
₦1,600.00
Peak retail ceiling (Bauchi)
LOWEST OBSERVED PRICE
₦1,200.00
Retail floor (Abuja)
Indicative price
Minimum actual
Maximum actual
Actual price range
₦1,100
₦1,200
₦1,300
₦1,400
₦1,500
₦1,600
₦1,700
Indicative
Min actual
Max actual
Lagos
1,473.01
1,250.00
1,400.00
Bauchi
1,640.45
1,550.00
1,600.00
Abuja
1,587.42
1,200.00
1,400.00
Calabar
1,538.75
1,250.00
1,400.00
Sokoto
1,631.23
1,420.00
1,500.00
Ibadan
1,519.27
1,250.00
1,400.00
Anambra
1,538.76
1,300.00
1,500.00
Kano
1,632.77
1,370.00
1,550.00
Note: Robust supply from domestic sources (up 50% between August and September) moderated prices against
international price volatility. Actual retail prices were below the indicative price in every state surveyed.
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Source: NMDPRA. Figures are daily averages unless stated.