Average Diesel Price Increases to N183 in Jun'16 from N148 in May'16

Oil & Gas
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Monday, July 18, 2016 9:10AM /NBS

NBS publishes AGO/Diesel price watch for June 2016.

Average price actually paid for AGO/Diesel by consumers in June 2016 stood at N183 from N148 in May 2016(rise of 23.3% yoy & 19.3% mom).

States with highest average price of diesel were Borno (N222), Taraba (N200) & Kebbi (200) and lowest Ogun (N173), Imo(N175) & Lagos(N176).

States with highest mom rise in average diesel prices were Osun (40.1%), Katsina (38.5%), Taraba(37.9%) and Bauchi (37.5%).

States with lowest mom rise in diesel prices were Cross River (-3.7%), Niger(4.9%), Kebbi(6.5%) and Nasarawa (9.5%)

NB: The NBS report presents average monthly prices actually reportedly paid by households for Diesel across the 36 States and FCT.

See complete breakdown for June 2016 below. 

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