The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol witnessed a drop from N1,189.12 in December 2024 to N1,048.63 in December 2025.
The NBS made this known in its Premium Motor Spirit (Petrol) Price Watch released in Abuja on Monday.
It said that the December 2025 price of N1,048.63 represented a 11.81 per cent decrease over the price of N1,189.12 recorded in December 2024.
“Comparing the average price value with the previous month of November, the average retail price also decreased by 1.20 per cent from N1,061.35 recorded in November 2025.
“On state profiles analysis, Kogi paid the highest average retail price of N1,104.45 per litre , followed by Imo at N1,086.26 and Yobe at N1,081.80.
“Conversely, Oyo paid the lowest average retail price of N996.55, followed by Kebbi at N1,003.08 and Nasarawa at N1,011.05,” it said.
Analysis by zone, showed that the North-East recorded the highest average retail price in December 2025 at N1,073.67, while the South-West recorded the lowest at N1,029.51.
The NBS also said, in its Diesel Price Watch Report for December 2025, that the average retail price paid by consumers decreased by 0.57 per cent on a month-on-month basis.
It said that the retail price moved from a higher cost of N1,409.61 per litre recorded in November 2025 to a lower cost of N1,401.63 per litre in December 2025.
On state profiles analysis, it said that the highest average price of diesel in December 2025 was recorded in Enugu at N1,465.69 per litre, followed by Kaduna at N1,449.70, and Bayelsa at N1,441.62
“On the other hand, the lowest price was recorded in Katsina at N1,297.24 per litre, followed by Kebbi at N1,30.10 and Edo at N1,311.96.
“In addition, the analysis by zone showed that the South-East had the highest price at N1,414.29 per litre , while the North-Central Zone recorded the lowest price at N1,391.94 per litre.”
