In a recent video shared on Saturday, January 3, 2026, Primate Elijah Ayodele discussed the projected changes in Nigeria’s fuel market, giving insights into the expected cost of petrol and diesel in the coming months. He highlighted that the prices of these essential commodities would see significant adjustments, affecting transportation and household expenses across the country.
During the video, Ayodele stated, “Petrol will be about ₦330 to ₦400, while diesel may be around ₦600 to ₦700 or thereabouts,” explaining that petrol prices are expected to drop gradually to between ₦330 and ₦400 per litre. He added that diesel, which is crucial for commercial and industrial activities, may stabilize around ₦600 to ₦700 per litre, depending on market conditions.
According to Ayodele, this adjustment in fuel prices is influenced by global oil market trends, exchange rate fluctuations, and government policies on subsidies and supply management. He emphasized that while the decrease in petrol could ease transportation costs for individuals, diesel remains comparatively higher due to its demand in businesses and industries.
Ayodele further advised stakeholders, including transport unions, traders, and households, to prepare for these changes by budgeting appropriately and planning their expenditures to avoid sudden financial strain. He noted that proactive measures would help mitigate the impact of rising or fluctuating energy costs on daily life.
He concluded by urging Nigerians to monitor these developments closely, stay informed about fuel price announcements, and adjust their spending habits to navigate the period of transition in the fuel market effectively.
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