Featured Finance

Price of diesel increased in October -NBS

By Thompson ABISOLA

The National Bureau of Statistics (NBS), says the average price paid by consumers for automotive gas oil (diesel) increased from N211.64 in September to  N216.75 in October.

The NBS disclosed this in its “Automotive Gas Oil (Diesel) Price Watch for October 2018” report released in Abuja.

The report showed that the price of diesel decreased by 2.42 per cent month-on-month and 7.33 per cent year-on-year.

According to the bureau,  states with the highest average price of diesel are Lagos (N238.55), Oyo (N231.32) and Sokoto (N231.25).

It named states with the lowest average price of diesel to include Bayelsa (N189.44), Zamfara (N200.71) and Plateau (N203.93).

Meanwhile,  the bureau said the average  price paid by consumers for Premium Motor Spirit (Petrol)  decreased from N147.30 in September to N147.20 in October in the period under review.

The bureau in its Premium Motor Spirit (Petrol)  Price Watch 2018 , said the price decreased by -0.8 per cent year-on-year and by -0.1per cent month-on-month.

It said states with the highest average price of petrol were Kebbi (N155.24), Benue (N153.33) & Taraba (N153.00).

According to NBS,  states with the lowest average price of premium motor spirit (petrol) are Katsina (N144.45), Jigawa (N144.29) & Sokoto (N144.20).

Related posts

NCC urges customers to use 622 Toll-Free Lines to lodge complaints

Editor

Gas consumption lowest in Nigeria despite 206 tcf reserves’

Our Reporter

TETFund rewards Shell’s consistent support for tertiary education

Our Reporter

Saraki donates severance allowance to Leah Sharibu’s family, others

By Meletus EZE

FG to auction N150bn bonds in October

Our Reporter

Navy intercepts 12.8m litres fake diesel in Rivers

Editor