Petrol Price Surged By 64% In One Year — NBS Report

Petrol Price Surged By 64% In One Year — NBS Report …C0NTINUE READING HERE >>>

The National Bureau of Statistics (NBS) has reported a significant rise in the average retail price of Premium Motor Spirit (PMS), commonly known as petrol, which surged to ₦1,030.46 per litre in September 2024.

In its publication, titled ‘Premium Motor Spirit (Petrol) Price Watch (September 2024)’, released on October 17, the NBS noted a 64.5 percent increase from the ₦626.21 recorded in September 2023.

The report also highlighted a 24.08% jump from August 2024, where the price averaged ₦830.46 per litre.

In the state-by-state analysis, Katsina led with the highest average…

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