Petrol Price in Nigeria Increased +12.88% Year-on-Year-NBS

February 23, 2021/NBS

Average price paid by consumers for premium motor spirit (petrol) increased by 12.88% year-on-year and decreased month-on-month by -0.97% to N164.09 in January 2021 from N165.70 in December 2020. 

States with the highest average price of premium motor spirit (petrol) were Abia (N173.75), Adamawa (N166.25) and Gombe (N165.83). 

States with the lowest average price of premium motor spirit (petrol) were Lagos (N160.75), Borno (N162.00) and Ekiti (N162.21).

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