The National Bureau of Statistics (NBS) has disclosed that the average retail price of automotive gas oil (diesel) increased to N1,447.62 per litre in the month of December 2024.
The new diesel price indicated a 28.48% increase compared to the average diesel pump price of N1,126.69 per litre recorded in the same month of 2023.
Report shows states’ prices for diesel
Photo credit: Bloomberg/contributor
Source: Getty Images
The bureau also noted that the December price is a 0.05% increase from N1,446.83 in August 2024 on a month-on-month basis.
NBS stated this in its latest Automotive gas oil (Diesel) price watch report, published on its website and obtained by Henzodaily.ng.
States by state analysis
Furthermore, the NBS provided a breakdown of state-by-state analysis, showing the top three States with the highest average price of the product.
According to the bureau, in the month of December 2024 the states were Nigerians paid the highest diesel per lire prices Bauchi State (N2,300), Benue State (N1,780), and Borno State (1,725.48).
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The top three lowest prices were recorded in the following States: Lagos State (N1,215), Ogun (N1,231.64), and Ekiti State (N1,257.86).
10 states with the most expensive prices
Bauchi: N2,300Benue: N1,780Borno: N1,725.48Plateau: N1,650Bayelsa: N1,608.33Sokoto: N1,575Nassarawa: N1,550Taraba: N1,537.78Adamawa: N1,500Niger: N1,481.25
10 states with the lowest prices
Lagos: N1,215Ogun: N1,231.64Ekiti: N1,257.86Kogi: N1,282.5Imo: N1,307.38Anambra: N1,310.73Kaduna: N1,311.54Zamfara: N1,314.29Abuja: N1,325Ebonyi: N1,332.01Zonal average diesel pricesSouth East: N1,344.58North Central: N1,500.30North East: N1,668.33South South: N1,464.14South West: N1,302.04North West: N1,389.96
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Source: Henzodaily.ng