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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
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Reports
PMS Report November 2024
Download [PDF, 626.87 KB]
Author(s) National Bureau of Statistics, Nigeria
Date 16/12/2024
Country Nigeria
Language English
Contributor(s) NBS
Publisher(s) NBS, Nigeria
Download https://microdata.nigerianstat.gov.ng/index.php/catalog/157/download/1128
PMS Report December 2024
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Author(s) National Bureau of Statistics, Nigeria
Date 16/01/2025
Country Nigeria
Language English
Contributor(s) NBS
Publisher(s) NBS, Nigeria
Download https://microdata.nigerianstat.gov.ng/index.php/catalog/157/download/1136
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PMS Report February 2025
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Description The average retail price paid by consumers for Premium Motor Spirit (Petrol) for April 2025 was N1239.33, indicating an 76.73% increase compared to the value recorded in April 2024 (N701.24). Likewise, comparing the average price value with the previous month (.i.e. March 2025), the average retail price decreased by 1.77% from N1261.65.
On State profile analysis, Imo State had the highest average retail price for Premium Motor Spirit (Petrol), at N1588.50, Jigawa and Sokoto States were next, with N1567.84, and 1550.00, respectively. Conversely, Yobe, Kwara and Osun State had the lowest average retail prices for Premium Motor Spirit (Petrol), at N970.00, N1014.85, and N1042.49 respectively. Lastly, on the Zonal profile, the South East Zone had the highest average retail price of N1341.71, while the South West Zone had the lowest price of N1138.64.
Download https://microdata.nigerianstat.gov.ng/index.php/catalog/157/download/1214
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