Tuesday, July 14, 2026

NBS says diesel cost N1,341.16 per litre in March

NBS says the average retail price of a litre of diesel increased from N840.81 in March 2023 to N1341.16 in March 2024.

• April 18, 2024
DIESEL PUMP PRICE
DIESEL PUMP PRICE [Credit: The Guardian]

The National Bureau of Statistics (NBS) says the average retail price of a litre of diesel increased from N840.81 in March 2023 to N1,341.16 in March 2024.

NBS stated this in its Diesel Price Watch for March 2024, released in Abuja on Thursday.

The report said that the March 2024 price of N1341.16 per litre amounted to a 59.51 per cent increase over the N840.81 paid in March 2023.

On a month-on-month basis, the price increased by 6.69 per cent from the N1257.06 per litre recorded in February 2024.

On state profile analysis, the report said the highest average diesel price in March 2024 was recorded in Edo at N1566.67 per litre, followed by Jigawa at N1533.33 and Cross River at N1532.71.

It stated that the lowest price was recorded in Plateau at N1067.25 per litre, followed by Niger at N1140.00 and Adamawa at N1175.

In addition, the analysis by zones showed that the South-South had the highest price of N1419.35 per litre, while the North-Central recorded the lowest price at N1230.98.

(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

farmers

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

Katsina State

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.”

NationWide

FTAN seeks review of NIHOTOUR, NTDA Acts over duplicated regulatory functions

Concerns over overlapping regulatory powers have fuelled controversy around the NIHOTOUR and NTDA Acts.

Ride-hailing apps

Lagos

Ride-hailing drivers’ union suspends Lagos chairman over alleged gross misconduct

AUATON was established to protect platform workers from exploitation and unsafe working conditions.

Sport

Tension over Argentina, England World Cup semi-final showdown

England reached the semifinals after defeating Norway 2–1 in the quarterfinals, inspired by Bellingham’s outstanding form.

States

NYSC DG visits Kogi, promises corps members of improved welfare

Mrs Chris-Moneke commended the continuous support of the NYSC National Directorate Headquarters and the Kogi State Government.

House of Representatives

NationWide

Reps drop own state police bill for Tinubu-backed proposal

The proposed legislation was subsequently referred to the House Committee on Constitution Review for further legislative consideration.

Armed policemen

States

Four suspects arrested for alleged armed robbery, cultism in Delta

The CP assured that the command would ensure the protection of lives and property throughout the state.