Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Petrol price drops by 15% in February- NBS

    Petrol price drops by 15% in February- NBS

    May 14, 2018
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Fuel dispenser nozzle.

    *As diesel price drops by 1% in April

    OpeOluwani Akintayo

    14 May 2018, Sweetcrude, Lagos — Average price paid by consumers for premium motor spirit (petrol) increased by 15.1% year-on-year and – 9.6% month-on-month to N172.5 in February 2018 from N190.9 in January 2018, latest statistics by the National Bureau of Statistics, NBS has disclosed.

    According to the data released on Monday, states with the highest average price of premium motor spirit (petrol) were Plateau (N206.82), Osun (N201.29) & Edo (N200.83). States with the lowest average price of premium motor spirit (petrol) were Katsina (N145.00), Abuja (N145.00) & Kogi (N147.06).

    Meanwhile, the average price paid by consumers for automotive gas oil (diesel) decreased by 1.00% month-on-month and – 10.86% year-on-year to N204.35 in April 2018 from N206.41 in March 2018, while states with the highest average price of diesel were Taraba (N250.00) Adamawa (N227.50) and Sokoto (N224.00).

    States with the lowest average price of diesel were Oyo (N191.28), Delta (N190.77) and Bayelsa (N188.33).

    Related News

    ANOH gas project delivers first gas, boosts Nigeria’s domestic supply

    PETROAN questions $4bn refinery spend, demands firm production timelines

    Global LNG supply set to jump in 2026, limiting prices and spurring demand

    E-book
    Resilience Exhibition

    Latest News

    Ibeju-Lekki power upgrade targets industrial growth, grid reliability boost

    January 21, 2026

    ANOH gas project delivers first gas, boosts Nigeria’s domestic supply

    January 21, 2026

    Customs shifts border controls inward to fast-track trade, boost revenue

    January 21, 2026

    PETROAN questions $4bn refinery spend, demands firm production timelines

    January 21, 2026

    Global LNG supply set to jump in 2026, limiting prices and spurring demand

    January 21, 2026
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2026 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.