Rainbow FM

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November 17, 2021

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The NBS said this in its “Premium Motor Spirit Price Watch for October 2021’’, released on its website on Tuesday in Abuja.

According to it, the highest average price was recorded in the South-East zone at N167.32 while the North-East had the least average price at N164.46 in the month under review.

“The average price paid by consumers for petrol increased by 2.75 per cent on a year-on-year basis to N165.60 in October when compared to the value in October 2020 (N161.17).

Meanwhile, the average price paid by consumers for Automotive Gas Oil, popularly referred to as diesel, decreased by -0.22 per cent to N254.07 in October from N254.64 in September on a month-on-month basis.

It said that Taraba at N280, Borno N278.50 and Ogun at N275.36 recorded the highest average price of diesel, while Kebbi with N214.17, Zamfara N223.33 and Yobe at N227 recorded the lowest average price of diesel.

“Likewise, the highest average price was recorded in the South-West zone (N265.64) while the North West had the least average price (N237.49) in October 2021”, it added.

(NAN)

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