# Nigeria proposes petrol price cap to curb fuel cost volatility

https://mins.news/en/item/91968

- Reuters, 2026-10-08 18:45 UTC
- Economy
- Original: https://www.reuters.com/business/energy/nigeria-proposes-petrol-price-cap-curb-fuel-cost-volatility-2026-10-08/?link_source=ta_bluesky_link&taid=6ac7e4bd785858000146512e

> Nigeria is considering a petrol price ceiling of about 1,350 naira ($1.02) per litre. Its finance minister said refiners and fuel importers would absorb temporary price increases and recover their losses when costs fall.