Energy
Average price of petrol drops in February – NBS
Data from the National Bureau of Statistics (NBS) petrol price watch for the month of February released this week shows the average petrol price paid in Nigeria fell by 9.6% from N190.9 paid in January to N172.5 in February. Year on year, the price is a 15% increase compared to the N149.8 paid in February 2017.
Plateau state had the highest average petrol price in February at N208.8 per litre. Osun state had the second highest average price at N201.29per litre. Next to this is Edo state, with an average price of N200.83 per litre.
Abuja and Katsina both had the lowest price on average at N145. Kogi State had the second lowest average petrol price at N147.06 per litre.
The fall in average petrol price could be an indication that the crippling fuel scarcity which began in December last year seems to have eased out.
Continue Reading
-
Latest1 week agoSex video leak sparks disciplinary action as FUOYE suspends two students
-
Business1 week agoThe CBN’s Exposure Draft on Holding Companies of Banks: Matters Arising
-
Comments and Issues1 week agoEkiti 2026: Will INEC redeem self or slide further?
-
Latest1 week agoTinubu Grants Customs Boss Adeniyi Final Six-Month Extension to Oversee Single Window Project, Succession
-
Latest7 days agoAPC’s Asogwa wins Enugu North senatorial by-election by wide margin
-
News1 week agoYiaga Africa Flags Discrepancies in Ballot Papers of Ekiti Governorship Poll
-
Latest7 days agoAPC, PDP clinch key by-elections as INEC declares winners in Kano, Rivers
-
Football1 week agoWorld Cup group stage heats up as Germany face Ivory Coast, Netherlands meet Sweden in crucial fixtures