Average Petrol Price Increases to N148.7 in Jan'17 from N146.7 in Dec'16

Oil & Gas
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Wednesday, February 15, 2017/ 12:30 PM /NBS

Average price paid by consumers for premium motor spirit (petrol) increased by 35.7% year-on-year and 1.35% month-on-month to N148.7 in January 2017 from N146.7 in December 2016.

States with the highest average price of premium motor spirit (petrol) were Borno (N164.09), Oyo (N161.00) & Ebonyi (156.47).

States with the lowest average price of premium motor spirit (petrol) were Kogi (N144.67), Ekiti & Imo (N144.64) and Abuja (N144.20).

Click Here to Download Jan 2017 PMS Price Watch (PDF) Report

Latest 2017 NBS Reports

1.       CPI Rises to 18.72% in January 2017, 0.17% Higher Than 18.55% December 2016 Rate
2.      GENCOs Issued Total Invoice of N331bn to DISCOs in 2016
3.      4,296 Applications Were Received by NAFDAC for New Products Registration in 2016 - NBS
4.      19,833 Vessels Berthed At Nigerian Ports Between 2013 and 2016 - NBS
5.      Total Value of Capital Imported into Nigeria in Q4 2016 Estimated at $1,548.88mln - NBS
6.      Telecoms Sector Contributes N1,399bn to GDP in Q3 2016 - NBS
7.      FAAC Disburses N426.88bn in December 2016 - NBS
8.     Banking Sector Records 910.18m Volume of Transaction in 2016 on Electronic Payment Channels - NBS
9.      Daily Energy Generation Attained a Peak of 3,859.59MW in Q4 2016 - NBS
10.  10.8% of Nigeria's Total Working Population Are Registered Under The National Pension Scheme - NBS
11.   Nigeria Imports 4.83 bn Litres of PMS in Q4 2016 - NBS
12.  72.53% of Nigeria’s Prison Population in 2015 were Un-sentenced - NBS
13.  Lagos, Ogun Top IGR for H1 2016

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