Petrol Price in Nigeria Rises, Residents of 10 States Pay More
- The NBS has revealed that the national average price of petrol at filling stations increased by 38.32%
- The bureau disclosed that Jigawa, Ondo, and Lagos recorded the highest petrol prices during the review period
- Yobe, Kogi, and Imo states had the lowest average retail prices of petrol in June 2025 based the report
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The National Bureau of Statistics has revealed that the average retail price paid by consumers for Premium Motor Spirit (PMS), commonly known as petrol, stood at N1,037.66 in June 2025.
This represents a 38.32% increase compared to N750.17 recorded in June 2024.
Source: Facebook
The data was revealed in the latest PMS Price Watch Report for June 2025, published by the National Bureau of Statistics (NBS).
According to the report, on a month-on-month basis, the average petrol price increased by 0.96% from N1,027.76 recorded in May 2025.
Breakdown of petrol prices in Nigeria
Furthermore, the NBS provided a breakdown of the average petrol price by state, including states with the highest and lowest prices.
The report also provided a detailed breakdown of petrol prices across the states, detailing those with the highest and lowest retail prices in June 2025.
Based on the state profile analysis, Jigawa State recorded the highest average retail price at N1,107.52, followed by Ondo (N1,104.80) and Lagos (N1,100.29).
On the other hand, Yobe (N950.60), Kogi (N986.67), and Imo (N987.86) recorded the lowest average retail prices during the same period.
10 most expensive states to buy petrol in Nigeria in June 2025
- Jigawa: N1,107.52
- Ondo: N1,104.80
- Lagos: N1,100.29
- Sokoto: N1,100.00
- Zamfara: N1,096.81
- Anambra: N1,088.20
- Adamawa: N1,083.40
- Niger: N1,067.41
- Delta: N1,067.34
- Kaduna: N1,064.79
Source: Getty Images
States with the cheapest price of petrol
- Yobe: N950.60
- Kogi: N986.67
- Imo: N987.86
- Gombe: N990.00
- Nassarawa: N992.00
- Rivers: N994.32
- Ekiti: N1,001.19
- Katsina: N1,003.48
- Bayelsa: N1,006.00
- Taraba: N1,006.60
A breakdown of zonal averages
- North East: N1,020.15
- North Central: N1,021.83
- South South: N1,024.44
- South East: N1,043.18
- South West: N1,052.89
- North West: N1,062.84
Depots, Dangote increase petrol prices
Earlier, Legit.ng reported that Depots and the Dangote Petroleum Refinery have raised their ex-depot price for Premium Motor Spirit, also known as petrol.
The price changes signal an imminent adjustment of petrol pump prices at filling stations nationwide.
The increase in petrol prices at depots is expected to affect retail pump prices across the country
Rising crude oil prices has been attributed as the reason for the adjustments as President Donald Trump ramped up pressure on Russia over its war in Ukraine and on optimism that a trade war between the US and its major trading partners was abating.
Source: Legit.ng
