Politics

Average price of petrol rises to ₦1,532.93 per litre in April, up 18.97% — NBS

According to the Statistics Office data, the average retail price of petrol rose sharply in April 2026, while diesel also recorded significant increases across month-on-month and year-on-year comparisons.

The average retail price of Premium Motor Spirit (petrol) rose to ₦1,532.93 per litre in April 2026, up from ₦1,288.54 recorded in March, according to data released by the National Bureau of Statistics (NBS) on Friday.

The report also indicates that on a year-on-year basis, the average retail price rose from ₦1,239.33 in April 2025 to ₦1,532.93 in April 2026, representing a 23.69 per cent increase.

According to the NBS data, Yobe recorded the highest average retail price at ₦1,599.05 per litre, followed by Edo at ₦ 1,595.74 and Bauchi at ₦ 1,589.07.

On the other hand, Niger recorded the lowest average price at ₦1,403.89 per litre, followed by Sokoto at ₦1,404.16 and Katsina at ₦1,406.28.

The South-South recorded the highest average retail price at ₦1,566.76 per litre, while the North-West recorded the lowest at the ₦1,508.81 per litre.

The National Bureau of Statistics also said the average retail price of Automotive Gas Oil (diesel) rose by 50.16 per cent on a month-on-month basis in April 2026.

The price increased from N1,648.06 per litre in March to N2,474.69 per litre in April.

On a year-on-year basis, diesel price increased by 43.67 per cent from ₦1,722.45 per litre in April 2025 to N2,474.69 per litre in April 2026.

Nasarawa recorded the highest average diesel price at ₦2,818.94 per litre, followed by Ebonyi at ₦2,754.06 and Taraba at ₦2,704.76.

Kebbi recorded the lowest price at ₦2,180.28 per litre, followed by Kogi at ₦2,192.70 and Katsina at ₦2,269.14.

The North-East recorded the highest average diesel price at ₦2,603 per litre, while the North-West recorded the lowest at ₦2,409.34 per litre.

The report highlights continued variation in petrol and diesel prices across states and geopolitical zones during the period under review.