THE NATION
The National Bureau of Statistics (NBS), says the average retail price paid by consumers for Petrol increased from N166.40 in January 2022 to N257.12 in January 2023.
This is according to the NBS Premium Motor Spirit (Petrol) Price Watch for January 2023 released in Abuja on Tuesday.
The report said the January 2023 price represented a 54.52 per cent increase when compared to the value recorded in January 2022 at N166.40.
“Comparing the average price value with the previous month of December 2022, the average retail price increased by 24.70 per cent from N206.19.
It said on state profiles analysis, Imo paid the highest average retail price for petrol at…
