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    Home - MarketForces News - Diesel Price Stands at N1153 in January 2024 – NBS
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    Diesel Price Stands at N1153 in January 2024 – NBS

    Julius AlagbeBy Julius AlagbeFebruary 21, 2024No Comments2 Mins Read
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    Diesel Price Stands At N1153 In January 2024 – Nbs
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    Diesel Price Stands at N1153 in January 2024 – NBS

    The National Bureau of Statistics (NBS) says the average retail price of a litre of diesel increased from N828.82 in January 2023 to N1153.01 in January 2024.

    NBS stated this in its Diesel Price Watch for January 2024 released in Abuja on Wednesday.

    The report said that the January 2024 price of N1153.01 per litre amounted to a 39.11 per cent increase over the N828.82 paid in January 2023.

    “On a month-on-month basis, the price increased by 2.34 per cent from the N1126.69 per litre recorded in December 2023,” it added.

    On state profile analysis, the report said the highest average price of diesel in January 2024 was recorded in Kebbi at N1433.33 per litre, followed by Kogi at N1300 and Abuja at N1226.70.

    It stated that the lowest price was recorded in Borno at N927.27 per litre, followed by Kano at N940.89 and Taraba at N988.33.

    “In addition, the analysis by zones showed that the North-Central had the highest price of N1205.11 per litre, while the North-East recorded the lowest price at N1074.03.’’ #Diesel Price Stands at N1153 in January 2024 – NBS

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    Julius Alagbe
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    Julius Alagbe has about 2 decades of experience in finance, accounting and economics. A fantastic financial analyst with experience in the media, research and consulting industry.With an education background from top global institutes like Imo State University, the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Administration/Nigerian College of Administration, and Julius has focused on anything that trends, figures, and projections can explain.Apart from his reportage skills, Julius has cut his teeth in Due Diligence, Advisory Service, Research, and Training.

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