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States spend N45bn fuelling vehicles, generators in six months

Nigerian states spent N45.04bn on fuel for vehicles and generators in six months, a 14.35% increase, with Lagos, Yobe and Nasarawa leading expenditure. Read More: https://punchng.com/states-spend-n45bn-fuelling-vehicles-generators-in-six-months/

States spend N45bn fuelling vehicles, generators in six months

31 state governments in Nigeria increased their fuel bills for motor vehicles, plants, and generators by N5.65bn during the first half of 2026, a 14.35% rise from N39.38bn in the same period of 2025. The analysis, conducted by The PUNCH, revealed that Lagos, Yobe, Nasarawa, Kano, and Ekiti had the highest expenditures. The total fuel bill rose to N45.04bn, with an average monthly spending of N7.51bn, or approximately N248.82m daily.

The increase in fuel costs was attributed to the surge in global oil prices following the Middle East conflict and disruptions in shipping due to the Strait of Hormuz. Brent crude oil prices climbed from $61 per barrel to over $100 during this period. The IMF noted that petrol and diesel prices in Nigeria surged by 22.5% and 16%, respectively, in March 2026 compared to pre-war levels, adding to operating costs.

The study analyzed the actual expenditure on motor vehicle fuel and plant/generator fuel rather than annual budget provisions or spending during April to June alone. The 31 states included in the analysis accounted for the entire country.

Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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