Average Diesel Price Increases to N206.55 in Jul’16 from N183.41 in June'16

Oil & Gas
Proshare - Facebook Proshare - Twitter Proshare - Linked In Proshare - WhatsApp

Wednesday, August 31, 2016 1:55pm /NBS


NBS publishes AGO/Diesel price watch for July 2016. Average price actually paid for AGO/Diesel by consumers in July 2016 stood at N206 from N183 in June 2016.


States with highest average price of diesel were Taraba (N249), Kebbi (N229) & Kwara (223). States with lowest Average price of diesel were Anambra (N200), Bayelsa (N200) and Edo (N200).


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 July 2016 below. 


Related News

1.       An Oil Company Struggling to Produce Oil

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

3.      Average Petrol Price Drops to N148.54 in Jun’16 from N150.28 in May'16

4.      Oil Industry Faces Huge Worker Shortage

5.      Deficit Reduction at the NNPC

6.      Nigeria Attracts Infrastructure Investment in Oil & Gas;Signs MOUs with Chinese firms worth $80bn

7.      Dangote Lekki Refinery, Petrochemical projects will boost Nigeria's economy- Ambode

8.     Average Petrol Price Drops to N150.28 in May’16 from N162.82 in Apr '16

9.      55% of Total Domestic Crude Oil supply in April 2016 was via Direct Sales Direct Purchase Agreement

10.  FGN new price ceiling for petrol; a forced adjustment

11.   Price Modulation of the Downstream Sector - Taking the Bull by the Legs

12.  Queue of Product Tankers as Importers Search for USD$ to Pay for Cargoes

13.  Average Petrol Price Rises to N162.82 in Apr’16 from N135.69 in Mar '16

14.  Ben Akabueze - On Severe FX Shortages and Subsidy Removal Discussion

15.   The Fuel Pricing Debate: Our Story – FGN

16.  Implications of the new petrol price band

17.   Finally, Nigeria Removes Subsidy On Petrol, Deregulates Importation Of Fuel

18.  Why it is inevitable to take action against fuel subsidies

19.  Average Petrol Price Rises to N135.69 in Mar’16 from N99.76 in Feb '16

20. CPI Rises to 12.8% in March; 1.4% Higher Than February Rate

21.  Average Petrol Price drops to N99.76 from N109.59 in Jan '16

22. Nigeria’s Inflation Rate Rises to Double Digit; Increases by 11.4% YoY in February 2016

23. Average Petrol Price drops to N109.59 from N115.35 in Dec '15


Related News