Petrol Price Showdown: Angola vs Nigeria

Angola sells petrol at 300 AOA (~$0.33) per litre. In Nigeria, pump prices now range between ₦1,200 – ₦1,330 ($0.80 – $0.85). In Angola, the government’s managed pricing and strong domestic output have kept retail fuel among Africa’s cheapest. As of March 2026, Angola ranks 2nd lowest in the continent. By contrast, Nigeria’s market-driven approach and subsidy removal have made prices volatile. In March 2026, pump prices jumped after Dangote Refinery hikes and rising global crude costs, with cities like Abuja and Lagos often exceeding ₦1,250 per litre. At current rates, Nigerian petrol costs more than 2.5 times Angola’s price. For context, the monthly minimum wage in Angola is 100,000 AOA (~$109), while in Nigeria it is ₦70,000 (~$51).

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