Kebbi, Jigawa, Akwa Ibom paid highest petrol retail price in November: NBS
The National Bureau of Statistics says the average retail price of a litre of petrol increased from N202.48 in November 2022 to N648.93 in November 2023.
NBS said this in its Petrol Price Watch for November 2023 released in Abuja on Thursday.
It stated that the November 2023 price of N648.93 represented a 220.49 per cent increase over the price of N202.48 recorded in November 2022.
It stated, “Comparing the average price value with the previous month of October 2023, the average retail price increased by 2.90 per cent from N630.63.
“On state profiles analysis, Kebbi paid the highest average retail price of N691.00 per litre, followed by Jigawa and Akwa Ibom at N677.67 and N675.00, respectively.
“Conversely, Taraba, Kaduna and Lagos paid the lowest average retail price at N618.00, N620.29 and N623.12, respectively.’’
Analysis by zones showed that the South-South recorded the highest average retail price in November 2023 at N663.59, while the North-East recorded the lowest price of N632.75 per litre.
The NBS also stated in its Diesel Price Watch Report for November 2023 that the average retail price was N1055.57 per litre.
It said that the November 2023 price of N1055.57 per litre amounted to a 30.50 per cent increase over the N808.87 per litre paid in November 2022.
“On a month-on-month basis, the price increased by 5.03 per cent from the N1004.98 per litre recorded in October 2023,’’ it added.
On state profile analysis, the report said the highest average price of diesel in November 2023 was recorded in Benue at N1280.00 per litre, followed by Kaduna at N1183.45 and Sokoto at N1183.33.
On the other hand, the lowest price was recorded in Rivers at N875.00 per litre, followed by Abia at N900.77 and Bayelsa at N920.00 per litre.
In addition, the analysis by zones showed that the North-Central Zone has the highest price of N1123.75 per litre, while the South-East recorded the lowest price at N959.69 per litre.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Politics
I’m contesting senatorial seat to give Benue voice, says Tsegba
Mr Tsegba expressed concern over what he described as the failure of elected representatives to speak out against persistent attacks and killings in their constituencies.
States
30 units of 80-inch LG plasma TVs caught with terrorists’ suppliers: Military
A statement by Mohammed Goni, the acting spokesperson for the operation, said the suspects were arrested on Monday at about 1:30 p.m.
States
Borno, Adamawa, Yobe map out response strategies, flooding evacuation plans
Borno, Yobe and Adamawa governments have mapped out response strategies and evacuation plans to mitigate the effects of impending floods.
Rights
AUPCTRE faults Tinubu govt over unpaid wage award
The national president of AUPCTRE, Benjamin Anthony, made the call in an interview in Abuja on Wednesday.
Politics
PDP has moved past crisis, uncertainty, says Ohuabunwa
“The party is now rebuilding and will come out stronger and better,” stated Mao Ohuabunwa.
World
U.S. judge orders Trump to release financial records sought by BBC
A court has ordered Mr Trump to produce the financial documents the BBC requested as part of the legal proceedings in his $10 billion defamation suit.
