Local News

Nigeria’s price of diesel decreases in July – NBS reports

The average retail price of Automotive Gas Oil (Diesel) sold in Nigeria decreased by 5.71 percent in July, 2024 compared to June.

This is according to the National Bureau of Statistics latest AGO July’s price report released recently.

The report showed that the price of diesel decreased to N1379.48 per liter in July from N1462.98 in June.

However, on a year-on-year basis, the country’s price of diesel increased by 73.63 percent from N794.48 per liter recorded in the corresponding month of last year.

Looking at the variations in the State prices, the top three states with the highest average price of the product in July 2024 include Taraba State (N1721.79), Borno State (N1694.17), and Bauchi (N1619.54).

Conversely, the top three lowest prices were recorded in the following states: Kogi State (N1186.31), Kano State (N1211.11), and Osun (N1246.82).

Akanji Philip

Akanji Philip has been working as a reporter with VOICE AIR MEDIA, both onsite at the head office in Odi-Olowo, Osogbo, and remotely. He has covered events at notable political venues, involving prominent figures such as former Osun Governor Adegboyega Oyetola, current Osun State Governor Senator Isiaka Adetunji Adeleke, former Vice President Professor Yemi Osinbajo, the late Ondo Governor Rotimi Akeredolu, Oyo State Governor Seyi Makinde, and various other representatives and lawmakers. In addition, he has represented the company at various press conferences at police stations and has reported on occasions featuring entertainers and actors, such as Kola Oyewo during Oba-Ile Day in Osun State, among others. -Phone Number: +2349058501092, +2348137827714 -Email: akanjiphilips100@gmail.com