President Bola Ahmed Tinubu has said that despite the rising cost of fuel in Nigeria, the country remains better off than Kenya and several other African nations.
The president made the remarks on Thursday during a visit to Yenagoa, where he commissioned key projects.
Tinubu acknowledged the economic hardship facing Nigerians, particularly the burden of increasing fuel prices, noting that he understands the concerns being expressed across the country. However, he maintained that Nigeria’s situation compares favorably with some peers on the continent.
“Yes, I hear you from the angles of the economy; the fuel prices are biting hard,” Tinubu said. “But look around; let’s thank God together that we are better off than those in Kenya and other African countries.”
Data checks indicate that fuel prices in Kenya stood at about $1.37 per liter as of April 2026, equivalent to roughly N1,862.
In Nigeria, petrol prices have surged in recent weeks, ranging between N1,290 and N1,350 per liter, driven largely by global crude oil fluctuations. Oil prices have hovered between $95 and $100 per barrel amid tensions involving Iran, the United States, and Israel since March.
Over the past six weeks, petroleum marketers, depot operators, and the Dangote Refinery have adjusted domestic pump prices to reflect the volatility in the international oil market.
