Diesel prices rose by 28.69 percent between April 2022 and April 2023. This is according to data from the National Bureau of Statistics (NBS).
The Diesel Price Watch report states that Nigerians paid an average of N842.25 per litre for diesel in April 2023, a 28.69 percent increase from the N654.46 per litre paid in April 2022.
On monthly basis, there was a 0.17 percent increase from the N840.81 per litre paid in March 2023.
In April 2023, the highest diesel costs were recorded in Adamawa at N980.33 per litre, Bauchi at N934.46 per litre and Borno at N900.50 per litre.
The lowest diesel costs were recorded in Bayelsa at N708.04 per litre, Kebbi at N773.33 per litre and Anambra at N773.56 per litre.
Meanwhile, the Northcentral zone recorded an average of N873.22 per litre; the Northwest recorded N828.97 per litre and the Northeast recorded N895.42 per litre.
Also, the Southeast recorded N809.29; the Southwest recorded N830.57 and the South-South recorded N807.59 per litre.