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Premium Motor Spirit (Petrol) Price Watch
PMS

Nigeria
Reference ID
NGA-NBS-PMS
Abstract
The data collection was conducted in sample outlets spread across 774 local government areas in all the 36 states and the FCT, Abuja. The data was collected from over 10,000 respondents located in the outlets. The estimates were derived from the weights generated from household expenditure on fuel and the actual prices households bought those fuels. This data collection exercise was done by over 700 NBS staff in all the states and the FCT and were closely monitored by quality control officers with sophisticated monitoring guidelines. The average prices are reported for each state and the FCT, Abuja accordingly.
Collections
NATIONAL ECONOMY
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Created on
Jan 16, 2025
Last modified
Jan 16, 2025
Page views
215656
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202535

Description

Title
Premium Motor Spirit (Petrol) Price Watch
subtitle
PMS
Resource type
collection
Publication frequency
Monthly
Abstract
The data collection was conducted in sample outlets spread across 774 local government areas in all the 36 states and the FCT, Abuja. The data was collected from over 10,000 respondents located in the outlets. The estimates were derived from the weights generated from household expenditure on fuel and the actual prices households bought those fuels.
This data collection exercise was done by over 700 NBS staff in all the states and the FCT and were closely monitored by quality control officers with sophisticated monitoring guidelines.
The average prices are reported for each state and the FCT, Abuja accordingly.
Identifier
NGA-NBS-PMS
Downloads
PMS April 2025 Tables Document, Microsoft Excel [application/msexcel]
PMS December 2024 Tables Document, Microsoft Excel [application/msexcel]
PMS February 2025 Tables Document, Microsoft Excel [application/msexcel]
PMS January 2025 Tables Document, Microsoft Excel [application/msexcel]
PMS June 2025 Tables Document, Microsoft Excel [application/msexcel]
PMS March 2025 Tables Document, Microsoft Excel [application/msexcel]
PMS May 2025 Tables Document, Microsoft Excel [application/msexcel]
PMS November 2024 Tables Document, Microsoft Excel [application/msexcel]
PMS Report April 2025 Document, PDF [application/pdf]
PMS Report December 2024 Document, PDF [application/pdf]
PMS Report February 2025 Document, PDF [application/pdf]
PMS Report January 2025 Document, PDF [application/pdf]
PMS Report June 2025 Document, PDF [application/pdf]
The average retail price paid by consumers for Premium Motor Spirit (Petrol) for June 2025
was N1037.66, indicating a 38.32% increase compared to the value recorded in June 2024
(N750.17). Likewise, comparing the average price value with that of the previous month (i.e.,
May 2025), the average retail price increased by 0.96% from N1,027.76.
On State profile analysis, Jigawa State had the highest average retail price for Premium Mo
tor Spirit (Petrol), at N1107.52. Ondo and Lagos States were next, with N1104.80 and
N1100.29, respectively. Conversely, Yobe, Kogi, and Imo States had the lowest average retail
prices for Premium Motor Spirit (Petrol), at N950.60, N986.67, and N987.86 respectively.
Lastly, on the Zonal profile, the North West Zone had the highest average retail price of
N1062.84, while the North East Zone had the lowest price of N1020.15.
PMS Report March 2025 Document, PDF [application/pdf]
PMS Report May 2025 Document, PDF [application/pdf]
PMS Report November 2024 Document, PDF [application/pdf]

Scope and coverage

Reference country
Country name Country code
Nigeria NGA
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