Petrol price stands at ₦696.79 in March – Report
The report said analysis by zones showed that the North-East zone recorded the highest average retail price in March 2024 at ₦732.37.
Petrol price stands at ₦696.79 in March – Report [FIJ]
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The bureau made this known in its Petrol Price Watch for March 2024, released in Abuja on Thursday.
It said that the March 2024 price of ₦696.79 represented a 163.65 per cent increase over the price of ₦264.29 recorded in March 2023.
“Comparing the average price value with the previous month of February 2024, the average retail price increased by 2.56 per cent from ₦679.36.
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“On state profile analysis, Taraba paid the highest average retail price of ₦761.92 per litre, followed by Yobe and Adamawa at ₦749.09 and ₦735.00, respectively.
“Conversely, Lagos, Oyo, and Ogun paid the lowest average retail price at ₦630.75, ₦645.88 and N651.25,” the bureau said.
The report said analysis by zones showed that the North-East zone recorded the highest average retail price in March 2024 at ₦732.37, while the South-West recorded the lowest price at ₦654.24 per litre.
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