AGO Report May 2025
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The average retail price of Automotive Gas Oil (Diesel) paid by consumers increased by 25.24% on a year-on-year basis from a lower cost of N1403.96 per liter recorded in the corresponding month of last year (i.e., May 2024) to a higher cost of N1758.26 per liter in May 2025.
On a month-on-month basis, an increase of 2.08% was recorded from N1722.45 in April 2025 to an average of N1758.26 in May 2025. Looking at the variations in the State prices, the top three States with the highest average price of the product in May 2025 include Benue State (N2441.46), Adamawa State (N2350.32.32), and Plateau State (N2201.52). Furthermore, the top three lowest prices were recorded in the following State namely, Ondo State (N1318.40.00), Kogi State (N1360.00), and Anambra State (N1361.02).
The Zonal representation of the average price of Automotive Gas Oil (Diesel) shows that the North Central Zone has the highest price of N1920.47 while the South West Zone has the lowest price of N1553.19 compared to other Zones.