The National Bureau of Statistics (NBS) says the average retail price paid by consumers for petrol increased to N172.61 in April.
This is according to the NBS Premium Motor Spirit (Petrol) Price Watch for April 2022, released in Abuja on Tuesday.
The report said the figure indicates a 3.74 per cent increase when compared to the value recorded in April 2021 at N166.38.
“Likewise, on a month-on-month basis, the average retail price decreased by 6.85 per cent from N185.30 in March 2022, compared to the average retail price paid by consumers in April 2022.”
The report said that on state profile analysis, the highest average retail price for petrol was recorded in Kaduna with N202.94, followed by Enugu and Abia with N197.51 and N195.27 respectively.
On the other hand, the lowest average retail price for petrol was recorded in Ebonyi and Nasarawa with N165.00 each, followed by Lagos and Katsina with N165.13 and N165.25 respectively.
It said that the…
