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  • Updated: December 17, 2020

NBS Names States Who Pay Highest Amount For Petrol In November

NBS Names States Who Pay Highest Amount For Petrol In Novemb

The National Bureau of Statistics (NBS) on Wednesday said  Abia, Kebbi, and Kwara state residents paid the highest amount for petrol in Nigeria in November.

AllNews gathered that the NBS made this known in its “Premium Motor Spirit (Petrol) Price Watch” publication for November and released on its website on Thursday in Abuja.

According to NBS, Abia residents paid N178.70 per liter for the product while Kebbi residents paid N174.76 and Kwara residents N172.33.

It, however, stated that Zamfara paid N161.73, Bauchi -N161.78, and Kaduna – N163.83 per liter being the lowest average prices for the product.

NBS further stated that the average price paid by consumers for petrol increased by 14.62 percent year-on-year and month-on-month by 3.79 percent to N167.27 in November from N161.17 in October.

The average price paid similarily by consumers for Automotive Gas Oil (Diesel) increased by 1.79 percent month-on-month and decreased by -0.59 percent year-on-year to N223.74 in November from N219.80 in October.

The bureau said that states with the highest average price of diesel in the month under review were Benue at N263.33, Kebbi at N258.57, and Taraba at N251.67.

READ ALSO: Petrol Imports Gulped N1.71tn In 2019 - NBS

The lowest average price of diesel which is N182.50 was in Kwara, followed by N192.67 in Osun and N196.33 in Nasarawa. Fieldwork for the report was done by more than 700 NBS staff in all states of the federation supported by supervisors who were monitored by internal and external observers.

Fuel prices were collected across all the 774 local governments across all states and the FCT from over 10,000 respondents and locations.

The price reflected actual prices households bought fuel together with the prices reportedly sold by the fuel suppliers, the average of all these prices was then reported for each state and the average for the country as the average for the state.

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