As much as Nigerians complain about the cost of fuel, Nigeria is in a very interesting position on this list .Funny enough Nigerian filling stations sell fuel at one of the cheapest rates in the world.
Let’s count down .
10. Azerbaijan
$0.47 per litre – Approx ₦165
9. Turkmenistan
$0.43 per litre-Approx ₦151
8.Egypt
$0.43 per litre-Approx ₦151
7.Nigeria
$0.41 per litre-Approx ₦144
6.Ecuador
$0.39 per litre-Approx ₦137
5.Algeria
$0.35 per litre-Approx ₦122
4.Kuwait
$0.35 per litre-Approx ₦122
3.Sudan
$0.34 per litre-Approx ₦119
2.Iran
$0.29 per litre-Approx ₦102
1.Venezuela
$0.01 per litre-Approx ₦4 !!!
What do you think ?
The cost is really mind-blowing in Venezuela.
Do you think the exchange rate is what makes it “expensive” here?
Tags
Oil & Gas