The average retail price of Automotive Gas Oil (Diesel) paid by consumers increased by 79.32% on a year-on-year basis from a lower cost of N815.83 per litre recorded in the cor responding month of last year (i.e., June 2023) to a higher cost of N1462.98 Per litre in June 2024. On a month-on-month basis, an increase of 4.20% was recorded from N1403.96 in the preceding month of May 2024 to an average of N1462.98 in June 2024. Looking at the var iations in the State prices, the top three State with the highest average price of the product in June 2024 include Niger State (N1979.23), Cross River State (N1920.86), and Taraba (N1742.46). Furthermore, the top three lowest prices were recorded in the following State namely, Lagos State (N1210.77), Ogun State (N1239.17), and Abuja (N1240.00). The Zonal representation of average price of Automotive Gas Oil (Diesel) shows that North East Zone has the highest price of N1659.07 while South West Zone has the lowest price of N1280.54 when compared with other Zones. 

Data source: National Bureau of Statistics

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