Residents of Lagos State have been reported by the National Bureau of Statistics (NBS) to have paid the highest average price for petrol in the country, in the month of March 2021 at N200.87 per litre.
According to the statistics, Adamawa State residents paid the lowest average price in the month of March at N162.17 per litre.
This was disclosed in a report by the NBS CEO, Dr. Yemi Kale, yesterday, April 14, 2021, via his verified Twitter account @sgyemikale.
On kerosene, the NBS said: National Average Price/litre at N361.29 in March 2020.
The states with the highest average were Taraba (N466.67), Ebonyi (N450) and Benue (N448).
The states with the lowest average prices were Bayelsa (N250), Yobe (N296.43) and Katsina (N318.33).
On Premium Motor Spirit (petrol): National Average price/litre was at N172.68 in March 2020.
The states with the highest average were Lagos (N200.87), Ebonyi (N184.17) and Niger (N183.50).
The states with the lowest average prices were Adamawa (N162.17), Taraba (N162.67) and Bauchi (N164).
According to the NBS, the National Average price/litre of petrol was N172.68 in March 2021 compared to N145.40 in March 2020 and N166.24 in February 2021.
It would be recalled that the federal government has suspended plans to end its subsidy payments as reports indicate that the FG plans to spend N720 billion for the next 6 months on Premium Motor Spirit (PMS) subsidies.
