The national average retail price of Premium Motor Spirit, PMS, otherwise known as petrol increased year-on-year, YoY, by 176.02 percent to N701.24 per litre in April 2024 from N254.06 per litre recorded in the corresponding period of 2023.


On a month-on-month, MoM, basis, an increase of 0.64 percent was recorded from N696.79 per litre in March 2024

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The National Bureau of Statistics, NBS, report on Premium Motor Spirit (Petrol) Price Watch for April 2024 showed that Kogi State topped the price chart at N797.78, followed by Nasarawa and Zamfara States with N778.89 and N754.29, respectively.


However, Lagos, Niger and Ogun States emerged the states with the lowest retail price for the product at N602.55, N633.75 and N647.14 respectively according to the NBS report.

This comes as the average retail price of Automotive Gas Oil (diesel) increased year-on-year YoY, by 68.01 percent to N1415.06 in April 2024 from N842.25 recorded in April 2023.

On a month-on-month MoM, basis, an increase of 5.51 percent was recorded from N1341.16 per litre in March 2024.

The report stated “the top three State with the highest average price of the product in April 2024 include Taraba State with N1742.46 , Bauchi State with N1669.63 and Borno with N1652.61.


Furthermore, the states with the lowest prices were, Niger State with N1023.00, Kogi State with N1152.50 and Adamawa State with N1257.50.

The Zonal representation of average price of diesel showed that North East zone has the highest price of N1553.80 while North Central Zone has the lowest price N1307.21 when compared with other Zones.

https://www.vanguardngr.com/2024/05/fuel-price-rises-by-176-02-to-n701-24-per-litre-nbs/

I said this before and I'll say it again:

By the time Tinubu is done with Nigeria, Nigerians will need government subsidy to breathe.

Very good. Let's see who cries and who enjoys.
Bad leadership does not know tribe. As far as this is Nigeria remains as one, you don't have any advantage over another tribe. You can only enjoy that in the civil service with Nepotism.

You can't build a road any region and make it exclusively for the people in that region. We are in for it . Nigeria remains the survival of the fittest.

Stop using year on year increase to create sensational bullshit.

Nlfpmod, it is well and we are not paying SUBSIDY.....

Toh

Tinubulation shege promax hitting everywhere. The minute statistical indices counts as far as any aspect of a country's national life is concerned. Nigerians never asked questions with Buhari, then followed it Tinubu.

OK na

Namaster:
I said this before and I'll say it again: By the time Tinubu is done with Nigeria, Nigerians will need government subsidy to breathe.

Meanwhile his mummified zombies said he is the best thing after Buhari.

APC wonder...... Fuel imported is cheaper than pump price and they claimed no subsidy...

CodeTemplar:
Stop using year on year increase to create sensational bullshit.

Look at this tout, teaching NBS its work😂.

This Baterians sef

Omooba77:
APC wonder...... Fuel imported is cheaper than pump price and they claimed no subsidy...

Will you get it cheaper if there is no subsidy?
Is there anything bad if the government decides to subsidise even if they had taken a hasty decision of removing subsidy in the first place?

CodeTemplar:
Stop using year on year increase to create sensational bullshit.

Imagine

This comment is very typical of a BATerian

"Na statistics we go chop"

Whalis:

Will you get it cheaper if there is no subsidy?
Is there anything bad if the government decides to subsidise even if they had taken a hasty decision of removing subsidy in the first place?

Why are they lying about 'subsidy is gone'..

CodeTemplar:
Stop using year on year increase to create sensational bullshit.

Imagine

This comment is very typical of a BATerian

What do except for those who chants "Na statistics we go chop"

CodeTemplar:
Stop using year on year increase to create sensational bullshit.

That's how it is done

I know you don't want to see it because it will be so glaringly clear and obvious that Tinubu has wrecked this country in under one year.