Bauchi Leads List of 10 Most Expensive States To Buy Diesel in Nigeria As Price Jumps by 182% in One Year
- The National Bureau of Statistics (NBS) has reported that Nigerians bought Diesel at higher prices again
- The report by NBS says that in January 2023, the cost of filling a litre of Diesel increased by 182 percent
- Diesel is one of the petroleum product that is not regulated in Nigeria giving power to marketers to set price
PAY ATTENTION: Click “See First” under the “Following” tab to see Legit.ng News on your Facebook News Feed!
The National Bureau of Statistics (NBS) has revealed that the average retail price of Automotive Gas Oil (Diesel) paid by consumers in January 2023 was N828.82 per litre.
NBS stated this in its latest Diesel Price Watch Report published on its website and obtained by Legit.ng on Wednesday, 22 February 2023.
According to the report, the amount Nigerians paid in January 2023 is a 187.69 percent increase from N288.09 per litre recorded one year ago (Janaury 2022).
Source: Facebook
On a month-on-month basis, this increased by 1.34% from N817.86 per litre reported in December 2022.
PAY ATTENTION: Follow us on Instagram - get the most important news directly in your favourite app!
State-to-state breakdown of Diesel price
On state profile analysis, the highest average price of the product in January 2023 was recorded in Bauchi with N900.00, followed by Benue with N885.71, and Adamawa with N866.67.
On the other hand, the lowest price was recorded in Bayelsa with N768.75, followed by Edo with N788.00 and Akwa Ibom with N788.75.
Furthermore, analysis by zone showed that the South-West had the highest price with N845.59, while the South-South recorded the lowest price with N800.49, the Punch reports.
List of 10 cheapest states to buy Diesel in Nigeria, Janaury 2023
- Bauchi- N900.00
- Benue- N885.71
- Adamawa- N866.67
- Kano- N862.50
- Ondo- N859.15
- Ebonyi- N856.67
- Anambra- N856.32
- Abuja- N855.00
- Kwara- N852.00
- Osun- N851.11
PoS operator, 5 petrol station managers arrested in Kano
In another report, about five petrol station managers allegedly selling petrol above government-regulated price have been arrested by Kano State Public Complaints and Anti-Corruption Commission.
The Acting Chairman of the Commission, Balarabe Mahmoud, stated this at a press briefing on Wednesday, February 15, 2023
Mahmoud said that the Commission got complaints from members of the public regarding the issue of new naira notes.
Source: Legit.ng
