The National Bureau of Statistics, NBS, said the average retail price of a litre of diesel increased from eight hundred and twenty eight naira in January 2023 to over one thousand naira in January 2024.
This was contained in NBS’s Diesel Price Watch for January 2024, released on Wednesday.
The report said that the January 2024 price of one thousand and one hundred fifty three naira per litre amounted to a thirty nine per cent increase over the eight hundred and eighty two naira paid in January 2023.
“On a month-on-month basis, the price increased by 2.34 per cent from the N1,126.69 per litre recorded in December 2023,” it added.
On state profile analysis, the report said the highest average price of diesel in January 2024 was recorded in Kebbi at one thousand four hundred and thirty three naira per litre, followed by Kogi at one thousand three hundred naira and Abuja at one thousand two hundred and twenty six.
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