Diesel Price Jumps 86% in One Year, Hits N3,277/Litre – NBS

A diesel dispensing pump at a fuel station as Nigeria records an 86.4% increase in diesel prices year-on-year.

By Oluwakemi Kindness The National Bureau of Statistics (NBS) says Nigerians faced mounting energy costs in May as the average retail price of diesel surged by 86.4 per cent year-on-year to N3,277.47 per litre, the highest increase recorded among the country’s major petroleum products. The NBS latest Price Watch report on Monday showed that diesel, […]

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