The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N770.54 in July 2024 to N1,024.99 in July 2025.
It made the declaration in its Premium Motor Spirit (Petrol) Price Watch for July 2025 released in Abuja on Thursday.
It stated that the July 2025 price of N1,024.99 represented a 33.02 per cent increase over the price of N770.54 recorded in July 2024.
“Comparing the average price value with the previous month of June, the average retail price decreased by 1.22 per cent from N1,037.66.”
On state profiles analysis, the report said Jigawa paid the highest average retail price of N1,107.52 per litre, followed by Lagos and Sokoto at N1,100.29 and N1,100.00, respectively.
“Conversely, Zamfara, Yobe, and Kogi paid the lowest average retail price at N884.63, N950.60, and N986.67, respectively,’’ it stated.
Analysis by zones showed that the North-West-Zone recorded the highest average retail price in July 2025 at N1035.85, while the North-East Zone recorded the lowest price at N1017.65 per litre.
Also, the NBS says the average retail price of a litre of diesel decreased from N1,813.81 in June 2025 to N1,789.45 in July.
The NBS said this in its Diesel Price Watch for July released in Abuja on Friday.
The report said that the July price of N1,789.45 per litre amounted to a 1.34 per cent decrease over the N1,813.81 paid in June.
“On a year-on-year basis, the price increased by 29.72 per cent from the N1,379.48 per litre recorded in July 2024,” it said.
On state profile analysis, the report said that the highest average price of diesel in July was recorded in Benue at N2,341.46 per litre, followed by Adamawa at N2,163.88 and Plateau at N2,029.71.
It said that the lowest price was recorded in Ondo State at N1,465.71 per litre, followed by Zamfara at N1,470.35, and Gombe State at N1,485.00.
“Analysis by zones showed that the South-South had the highest price of N1,941.98 per litre, while the South-West recorded the lowest price at N1,619.06,’’ it said.
