Motorists in Lagos and Ogun enjoyed the cheapest petrol prices in Nigeria during March 2026, even as the cost of Premium Motor Spirit (PMS) continued to climb across the country. The latest Premium Motor Spirit Price Watch report from the National Bureau of Statistics (NBS) revealed that fuel prices remained highly volatile, with the national average surging to N1,288.54 per litre.
States with the Cheapest Petrol in March 2026
According to the NBS report, Lagos emerged as the state with the lowest petrol price, averaging N1,162.71 per litre. Ogun followed closely at N1,169.78 per litre, while Kaduna ranked third with N1,193.40 per litre. The complete list of the ten states with the lowest petrol prices includes:
- Lagos — N1,162.71/litre
- Ogun — N1,169.78/litre
- Kaduna — N1,193.40/litre
- Nasarawa — N1,213.80/litre
- Kogi — N1,217.24/litre
- Kwara — N1,224.28/litre
- Ekiti — N1,246.16/litre
- Rivers — N1,247.84/litre
- Abia — N1,247.84/litre
- Plateau — N1,252.45/litre
These states offered some relief to consumers grappling with rising transportation and living expenses.
States with the Highest Fuel Prices
At the other end of the spectrum, states such as Yobe, Sokoto, and Akwa Ibom recorded the highest petrol prices, forcing residents to pay significantly above the national average. This sharp pricing gap highlights the uneven distribution of petroleum products across regions and the impact of logistics, transportation costs, and supply constraints.
Regional Price Patterns
The NBS report also revealed clear regional differences in fuel pricing. The North-Central zone recorded the lowest average petrol prices nationwide, making it the most affordable region for PMS purchases during the month. In contrast, the South-East posted the highest regional average, reflecting stronger supply challenges and elevated distribution costs. Industry analysts attribute the continued rise in petrol prices to international market shocks, especially geopolitical tensions affecting global crude supply chains. For millions of Nigerians already struggling with inflation, the latest petrol price surge adds fresh pressure on household budgets and transport costs.
Petrol Prices Drop in Abuja
Legit.ng earlier reported that motorists in Abuja are experiencing some relief as several filling stations have reduced petrol prices to attract customers. Recent checks across the Federal Capital Territory show pump prices dropping to around N1,295 per litre, down from N1,330 just days earlier. The N35 reduction, though modest, signals intensifying competition among fuel marketers and offers some respite for consumers grappling with high transportation and living costs.
