Average petrol price increases by 1.3 per cent in 2018 – NBS

Average petrol price increases by 1.3 per cent in 2018 – NBS

The normal cost paid by shoppers for petroleum expanded by 1.3% year-on-year, the Nigeria Bureau of Statistics (NBS) has stated.

The department, as per an account on its site, likewise recorded areas with the most elevated & least normal cost of oil in similarity with the endorsed government cost of N145.

“Average price paid by consumers for premium motor spirit (petrol) increased by 1.3 per cent year-on-year and 0.2 per cent month-on-month to N147.50 in November 2018 from N147.20 in October 2018.”


“States with the highest average price of premium motor spirit (petrol) were Kebbi (N158.24), Kaduna (N156.75) & Taraba (N155.46)”

“States with the lowest average price of premium motor spirit (petrol) were Jigawa (N144.29), Sokoto (N144.20) & Imo (N142.50).”

On Dual Purpose Kerosene (DPK), the department said the “average price per litre paid by consumers for kerosene decreased by 5.46 per cent month-on-month.”

“It increased by 11.68% year-on-year to N298.32 in November 2018 from N315.56 in October 2018.”

Areas with the most astounding normal cost per liter of lamp fuel were Enugu (N358.33), Jigawa (N353.13), & Ebonyi (N348.99).

Areas with the most reduced normal cost per liter of lamp fuel were Kaduna (N268.89), Kogi (N265.24) & Kwara (N263.33).

Likewise, normal cost per gallon paid by shoppers for National Household Kerosene diminished by – 2.36% month-on-month & expanded by 7.17% year-on-year to N1145.21 in November 2018, from N1172.84 in October 2018.

Areas with the most astounding normal cost per gallon of lamp fuel were Jigawa (N1352.94), Ekiti (N1326.67) & Borno (N1267.25).

Areas with the most reduced normal cost per gallon of lamp fuel were Akwa Ibom (N1022.08), Lagos (N1009.33) & Bayelsa (N1000.00).


Likewise the Average cost paid by buyers for car gas oil (diesel) expanded by 0.10% month-on-month and 10.18% year-on-year to N219.54 in November 2018 from to N219.33 in October 2018.

The account said areas with the most astounding normal cost of diesel were Imo (N242.11), Osun (N240.62) & Borno (N238.89).

“States with the most minimal normal cost of diesel were Kaduna (N195.50), Bayelsa (N196.82) & kwara (N200.00),” it revealed.

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