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Price of petrol in Nigeria is 8th cheapest in the world

Nigeria has the eighth cheapest price of petrol in the world, a new report by Zutobi, an international driver’s education company, has shown. Published in April, the report placed Nigeria in the 8th position of the global index with the price of petrol at $0.40 equivalent to $1.82 per gallon. The countries with the cheapest petrol include mostly oil-rich countries, with the South American country, Venezuela, topping the chart. The country has the largest known reserves of crude oil in the…