Automotive Gas Oil (Diesel) Price Watch
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1 Automotive Gas Oil (Diesel) Price Watch (JANUARY 2018) Report Date: February 2018 Data Source: National Bureau of Statistics (NBS)
2 Contents Executive Summary 1 PMS Prices Across States 2 PMS Prices Across Zones 3 12 Months Prices 4 Appendix - Tables 5 Methodology 6 Acknowledgment and Contact 7
3 Executive Summary price paid by consumers for automotive gas oil (diesel) increased by 3.89% month-on-month and decreased by -5.89% year-on-year to N in January 2018 from N in December States with the highest average price of diesel were Sokoto (N256.00) Kebbi (N255.45) and Taraba (N250.25) States with the lowest average price of diesel were Bayelsa (N181.67), Ondo (N183.75) and Abia (N190.56). 1
4 Automotive Gas Oil (Diesel) Price Watch - January 2018 Diesel Prices Across States = -5.89% N January 2017 AVERAGE N = 3.89% N December 2017 STATES WITH THE HIGHEST AVERAGE PRICES IN JANUARY 2018 STATES WITH THE LOWEST AVERAGE PRICES IN JANUARY 2018 Jan-18 % % Jan-18 % % SOKOTO ABIA KEBBI ONDO TARABA BAYELSA
5 Automotive Gas Oil (Diesel) Price Watch - January 2018 Diesel Prices Across States AVERAGE NORTH WEST NORTH EAST NORTH CENTRAL SOUTH WEST SOUTH SOUTH SOUTH EAST N N N N N N Sokoto - N Zamfara - N Taraba - N Nassarawa - N Benue NW NE Borno - N Lagos - N SW NC Enugu - N Ondo - N Akwa Ibom - N SS SE Bayelsa - N Abia - N
6 Automotive Gas Oil (Diesel) Price Watch - January 2018 Diesel Prices Across States February 2017 March 2017 April 2017 May January 2017 June AVERAGE December 2017 January 2018 July November 2017 October 2017 September 2017 August
7 AUTOMOTIVE GAS OIL (DIESEL) PRICE WATCH Year on Year % Month on Month % STATELABEL ITEMLABELS Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 (Jan 2017-Jan 2018) Dec 2017-Jan 2018 Abia Diesel oil Abuja Diesel oil Adamawa Diesel oil Akwa Ibom Diesel oil Anambra Diesel oil Bauchi Diesel oil Bayelsa Diesel oil Benue Diesel oil Borno Diesel oil Cross River Diesel oil Delta Diesel oil Ebonyi Diesel oil Edo Diesel oil Ekiti Diesel oil Enugu Diesel oil Gombe Diesel oil Imo Diesel oil Jigawa Diesel oil Kaduna Diesel oil Kano Diesel oil Katsina Diesel oil Kebbi Diesel oil Kogi Diesel oil Kwara Diesel oil Lagos Diesel oil Nassarawa Diesel oil Niger Diesel oil Ogun Diesel oil Ondo Diesel oil Osun Diesel oil Oyo Diesel oil Plateau Diesel oil Rivers Diesel oil Sokoto Diesel oil Taraba Diesel oil Yobe Diesel oil Zamfara Diesel oil AVERAGE Month-on-Month Year-on-Year STATES WITH THE HIGHEST AVERAGE PRICES Sokoto Kebbi Taraba STATES WITH THE LOWEST AVERAGE PRICES Abia Ondo Bayelsa
8 Methodology Field work is done solely by over 700 NBS Staff in all States of the federation supported by supervisors who are monitored by internal and external observers. Fuel Prices are collected across all the 774 local governments across all States and the FCT from over 10,000 respondents and locations and reflect actual prices households state they actually bought those fuels together with the prices reportedly sold by the fuel suppliers. The average of all these prices is then reported for each state and the average for the country is the average for the state. NBS audit team subsequently conducts randomly selected verification of prices recorded. 6
9 Acknowledgements/Contacts Acknowledgements We acknowledge our technical partners, Proshare in the design, concept and production of this publication. Contact NBSNigeria Head Office Address Plot 762,IndependenceAvenue,Central Business District,FCT, Abuja Nigeria
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