However, going by current market data, the commodity presently goes for prices ranging from N142 to N155. Presently, the official pump price of petrol (PMS) in Nigeria is N145. ; The over-the-country average price of petrol is presently N147.50 per litre. Petrol seemed much more expensive back in the early 70's. The 2.0-litre was later dropped on introduction of the 1.8-litre turbo for emissions purposes. Just goes to show how much we are overtaxed for petrol, I can't believe it was less than 50p a litre when I was born. The lows seen in early 1999 were 9.4 pence per litre for petrol and 9.3 pence per litre for diesel. 'With supermarket petrol in many towns already at 117p a litre or less, drivers could well find fuel at below 110p a litre if the crash is sustained', it said. Yes, petrol prices will move slightly to reflect the oil price, although in the UK the the oil cost is a very small part of the price per litre, tax and fuel duty makes up the majority of the cost. clear that much of the trend in pump prices was driven by changes in the pre-tax prices, rather than in fuel duty. This table records the movement in fuel prices over that period, taking in each year the first fuel purchase in March. Petrol price update In this section we take a look at the current fuel prices as well as the next estimated petrol price forecast.
I remember I could just get three gallons for a pound in 1972, but as a proportion of my take home pay (£17 a week) that was a lot more than the equivalent today (about £13.35 at £1 a litre). We also provide a detailed breakdown of exactly what goes into the fuel price. Petrol Prices. Current Price of Petrol in Nigeria. Since March 1983, I have kept a detailed record of fuel prices and fuel consumption, spanning eighteen different cars, both privately-owned and company.
A diesel engine was provided through BMW Group channels. Petrol engines provided were Rover's 4-cylinder K series in 1.8-litre guise and the quad cam KV6, offered in either short-stroke 2.0 or revised 2.5-litre formats.
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