Average price of fuel in July was N107 – NBS

Nigerians paid an average of N107.41 per litre of Premium Motor Spirit (petrol) across the 36 states of Nigeria in July, the National Bureau of Statistics (NBS) has said.

The bureau said, in its latest report, Nigerians paid N20.41 more than government approved pump price of N87 per litre for the product.

The report released yesterday by the National Bureau of Statistics (NBS) in Abuja on average monthly prices actually paid by households for petrol in the country showed that in July Nigerians paid N4.70 less than the average price of N112.13 paid in June.

The report revealed that Bayelsa State, which is among the oil producing states in the country, recorded the highest average price paid by households nationwide for the product at N153 per litre. The state’s retail price of the product reduced from N155 per litre recorded in June to N153.

Other states that reported high retail prices for the product included Taraba, Yobe, Kogi and Cross Rivers states at N130,  N121, N119, and N118 per litre respectively.

Daily Trust

Share this article:
join our mailing list

Do you want more articles like this delivered to your inbox?

Join our mailing list to receive the latest news and articles.

PS: Your email WILL NOT BE SPAMMED. See our Privavcy Policy for detail.

Thank you for subscribing. You are now part of our mailing list.

Show/Hide Comments

0 thoughts on “Average price of fuel in July was N107 – NBS

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

join our mailing list


Get all the latest and most popular news, tips, articles and information from our website delivered straight into your inbox.

Thank you for subscribing to our mailing list. You will now start recieving our periodic newsletter.

Powered byRapidology