Automotive Gas Oil (Diesel) Price Watch
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1 Automotive Gas Oil (Diesel) Price Watch (May 2017) Report Date: June 2017 Data Source: National Bureau of Statistics
2 Contents Executive Summary 1 Average Diesel Prices Across States 2 Average Diesel Prices Across Zones North Central 3 Average Diesel Prices Across Zones North East 4 Average Diesel Prices Across Zones North West 5 Average Diesel Prices Across Zones South East 6 Average Diesel Prices Across Zones South South 7 Average Diesel Prices Across Zones South West 8 12 Months Average Prices 9 Appendix - Tables 10 Methodology 11 Acknowledgment and Contact 12
3 Executive Summary Average price paid by consumers for automotive gas oil (diesel) decreased by 5.65% month-on-month and increased by 45.35% year-on-year to N in May 2017 from N in April States with the highest average price of diesel were Adamawa (N236.67), Niger (N236.43) & Sokoto (255.71). States with the lowest average price of diesel were Gombe & Yobe (N200.00), Delta (N200.83) and Anambra (N200.56). 1
4 Average Diesel Prices Across States Average N STATES WITH THE HIGHEST AVERAGE PRICES IN MAY 2017 SOKOTO N ADAMAWA N NIGER N STATES WITH THE LOWEST AVERAGE PRICES IN MAY 2017 DELTA ANAMBRA YOBE AND GOMBE N N N
5 Average Diesel Prices Across Zones - North Central Average N Niger State has the highest average price in the North Central Region for May 2017 while Abuja FCT has the least average price. 3
6 Average Diesel Prices Across Zones - North East Average N Adamawa State has the highest average price in the North East Region for May 2017 while Gombe and Yobe States have the least average price. 4
7 Average Diesel Prices Across Zones - North West Average N Sokoto State has the highest average price in the North West Region for May 2017 while JigawaState has the least average price. 5
8 Average Diesel Prices Across Zones - South East Average N Abia State has the highest average price in the South East Region for May 2017 while Anambra State has the least average price. 6
9 Average Diesel Prices Across Zones - South South Average N Cross River State has the highest average price in the South South Region for May 2017 while Delta State has the least average price. 7
10 Average Diesel Prices Across Zones - South West Average N Lagos State has the highest average price in the South West Region for May 2017 while Osun State has the least average price. 8
11 12 Months Average Prices -5.65% Month-on-Month and 45.35% Year-on-Year 9
12
13 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. 11
14 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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