Average price of petrol increased in 2018 – NBS

The average price paid by consumers for petrol increased by 1.3 per cent year-on-year, the Nigeria Bureau of Statistics (NBS) has said.

The bureau, according to a report on its website, also listed states with the highest and lowest average price of petrol in comparison with the approved government price 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.

On Dual Purpose Kerosene (DPK), the Bureau said the “average price per litre paid by consumers for kerosene decreased by 5.46 per cent month-on-month. “It decreased to N298.32 in November 2018 from N315.56 in October 2018.” Also the Average price paid by consumers for automotive gas oil (diesel) increased by 0.10 per cent month-on-month and 10.18 per cent year-on-year to N219.54 in November 2018 from to N219.33 in October 2018.

Source: Premium Times

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