In February 2016, petrol was at its lowest price of₦99.80 per litre, marking the last time fuel prices remained below₦100.
By November 2024, petrol prices soared to an all-time high of₦1,214.17 per litre, reflecting the compounded effects of inflation, currency depreciation, and global oil price volatility.
Over the nine-year period, the average petrol price stood at₦272.65 per litre.
Between January 2016 and December 2024, petrol prices increased by ₦1,079.52, a staggering 984.96% rise, emphasising the long-term upward trajectory influenced by economic challenges, subsidy removals, and fluctuating exchange rates.
The most volatile period recorded a month-to-month price surge of over 129.23%.
Most countries can only target 50-70% of their populations in need.
Sudan has the greatest humanitarian requirements, with 30.44 million people affected, and it is projected that only 69% will receive help, leaving 10 million individuals unsupported.
Myanmar exhibits the largest gap, with over 19.9 million people in need and only 5.5 million targeted for assistance.
The situation in Ukraine leaves nearly 7 million individuals without adequate assistance while targeting approximately 6 million individuals.
Sudan is the highest recipient of UN humanitarian aid among African nations in need of humanitarian support and the only North African country receiving such assistance.
Nigeria is among the top nine African nations that will each receive humanitarian aid worth more than $700 million.
Zambia and Malawi will receive humanitarian support of less than $100 million each.
Six countries among the African countries facing humanitarian crises are to receive UN support worth more than $1 billion each.
