Price Of Diesel Jumps By 4.91% In May – NBS Reveals


The National Bureau of Statistics (NBS) has said that average price paid by consumers for automotive gas oil (diesel) increased by 0.65% month-on-month and 4.91% year-on-year to N205.67 in May 2018 from N204.35 in April 2018.
The NBS revealed this in its Automotive Gas Oil (Diesel) Price Watch report, May 2018.
The report stated that states with the highest average price of diesel were Taraba (N253.33) Gombe (N227.50) and Kebbi (N224.50). While states with the lowest average price per litre of kerosene were Bayelsa (N181.67), Ondo (N183.75) and Abia (N190.56).
The National Bureau of Statistics (NBS) also disclosed that federal Nigerian National Petroleum Cooperation (NNPC) imported 5.67 bln litres of premium motor spirits (PMS), 954.47 mln litres of automotive gas oil (AGO), 66.914 mln litres of household kerosene (HHK) and 5122.067 mln litres of aviation turbine kerosene (ATK) into the country in Q1 2018.
Bringing total petroleum products imported in the first quarter of 2018 to 6,813,784,945 litres

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