Will at least three independently owned filling stations in Lagos State publicly display petrol pump prices of ₦1,250 per litre or below on the same day between November 3 and November 7, 2026?

Outcome: NO

How this forecast is settled

Will three independent Lagos filling stations sell petrol for ₦1,250 or less per litre on the same day before November 8?

Resolution

During the period between November 3 and November 7, 2026, petrol pump prices in Lagos State experienced an upward surge due to rising depot and international crude costs. Checks across the state showed that major filling stations were selling petrol between ₦1,349 and ₦1,360 per litre, while independent marketers publicly displayed pump prices between ₦1,365 and ₦1,370 per litre. Because independent marketers' retail prices remained well above the ₦1,250 threshold, this did not happen.

Source: https://www.vanguardngr.com/2026/11/petrol-hits-n1370-litre-as-depot-prices-rise/amp/?utm_source=chatgpt.com

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