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Petrol, Diesel Price Drop In April – NBS

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Nigerians are paying less for fuel as data released by the National Bureau of Statistics (NBS) yesterday showed that consumers of premium motor spirit (petrol) and diesel paid less for the commodity in April compared to the March.

The statistics indicated a decrease of 7.3 per cent month on month from N151.4 in April to N163.4 in March, while the average price paid for diesel showed a decrease by 1.00 per cent month on month to N 204.35 in April from N206.41 in March.

Although, the price of petrol remains at N145 the data showed that some states like Kebbi, Kogi and Jigawa paid higher for the commodity purchasing it at an average price of N163.71, N160.79 and 160.46 respectively while Taraba, Adamawa, Sokoto paid higher for diesel at  N250, N227.50 and N224 respectively.

While petrol was purchased at N145 in Plateau, Kwara, Ekiti ,  it sold for as low as N144.95 and N144.19 in Abuja and Bauchi. Diesel consumers in Oyo and Delta States purchased it at N190.77 while it was sold at N188.33 in Bayelsa one of the oil producing state.

Meanwhile, the data showed a 3.53 per cent increase in the price of kerosene month- on- month to N278.49 in April from N268.99 in March. It sold at  N316.67 in Abuja, N315.56 in Cross River and N309.52 in Nassarawa  being the states with the highest average price.

Abia, Delta and Rivers had the lowest average prices per litre of kerosene at N900, N875 and N844.74 respectively for April 2018.



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