Nigerian Petrol Prices Drop by 11.18% as Diesel Hits ₦1,398/Litre

The Nigerian Bureau of Statistics (NBS) reported a significant 11.18% year-on-year decrease in petrol prices, with diesel prices also fluctuating. Petrol prices varied among states, with Kogi State having the highest average price and Oyo the lowest.

Diesel prices showed a 2.96% year-on-year decline, with Enugu State recording the highest average price. The report highlights the monthly and annual price changes in the fuel sector, indicating regional disparities in pricing across different states.