PMS Report April 2025
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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.