Data: Nigeria’s Historical Petrol (PMS) Price Watch
The National Bureau of Statistics latest Premium Motor Spirit (PMS) petrol price watch for the month of November reveals petrol (fuel) price sold on an average for N146.7 per liter compared to N145.9 per litre in October.
The data reveals petrol prices rose slightly across states in the Federation with Yobe, Cross River and Taraba state posting the highest average retail prices at N160, N150 and N148 per litre. On a flip side, Katsina, Borno and Jigawa posted the lowest prices at N144 per litre.
Brent Crude Oil prices rose significantly in December, averaging around $55 compared to a close of $44 in November 2016 suggesting that an increase could be expected when the Bureau releases its December reports.
This data is published by the National Bureau of Statistics and started in November 2015.