Will Nigeria's median petrol depot price exceed ₦1,360 per litre on or before October 27, 2026?

Outcome: NO

How this forecast is settled

The reported national median depot price was ₦1,349.50/L on October 20, just ₦10.50 below the threshold. Recent depot prices have been volatile, including increases in Port Harcourt to ₦1,900/L at some depots.

Resolution

No, Nigeria's national median petrol depot price did not exceed ₦1,360 per litre on or before October 27, 2026. Instead, prices experienced a downward trend.

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