Federal finance and statistics / National Bureau of Statistics

Automotive Gas Oil (Diesel) Price Watch (October 2022)

Executive Summary The average retail price of Automotive Gas Oil (Diesel) paid by consumers in October 2022 was N801.09 per litre, an increase of 215.30% from N254.07 per litre recorded in the corresponding month of the previous year. On a month-on-month basis, this increased by 1.42% from N789.90 per litre reported in September 2022. On state profile analysis, the highest average price of the product in October 2022 was recorded in Ebonyi with N858.33, followed by Bauchi with N857.50, and Plateau with N856.25. On the other hand, the lowest price was recorded in Akwa Ibom with N748.18, followe…