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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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175179
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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 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 March 2025 Document, PDF [application/pdf]
PMS Report May 2025 Document, PDF [application/pdf]
The average retail price paid by consumers for Premium Motor Spirit (Petrol) for May 2025 was N1027.76, indicating a 33.54% increase compared to the value recorded in May 2024 (N769.62). Likewise, comparing the average price value with the previous month (.i.e. April 2025), the average retail price decreased by 17.07% from N1239.33.
On State profile analysis, Sokoto State had the highest average retail price for Premium Motor Spirit (Petrol), at N1100.50, Zamfara and Anambra States were next, with N1093.21, and N1084.13, respectively. Conversely, Yobe, Rivers and Taraba States had the lowest average retail prices for Premium Motor Spirit (Petrol), at N950.60, N981.67, and N983.00
respectively. Lastly, on the Zonal profile, the South East Zone had the highest average retail price of N1049.15, while the North Central Zone had the lowest price of N1005.42.
PMS Report November 2024 Document, PDF [application/pdf]

Scope and coverage

Reference country
Country name Country code
Nigeria NGA
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