Federal finance and statistics / National Bureau of Statistics

Automotive Gas Oil (Diesel) Price Watch (December 2021)

Executive Summary The average retail price of Automotive Gas Oil (Diesel) paid by consumers increased by 28.97% on a year-on-year basis from a lower cost of N224.37 per litre recorded in the corresponding month of last year to a higher cost of N289.37 per litre in December 2021. On a month-on-month basis, an increase of 4.15% was recorded from N277.83 in the preceding month of November to an average of N289.37 in December 2021. Looking at the variations in the state prices, the top three States with the highest average price of the product in December include, Enugu (N349.29), Borno (N340.00) …