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Lastly, the South-South zone had the highest average retail price of ₦794.64, while the South-West zone had the lowest price of ₦696.42 Meanwhile, the average retail price of Automotive Gas Oil, also known as diesel, increased year-on-year, YoY, by 79.32 per cent to ₦1462.98 per litre in June 2024 from ₦815.83 recorded in June 2023.
The report stated,“Looking at the variations in the State prices, the top three States with the highest average price of the product in June 2024 include Niger State ( ₦1979.23), Cross River State ( ₦1920.86), and Taraba ( ₦1742.46).” Furthermore, the top three lowest prices were recorded in the following State, namely, Lagos State ( ₦1210.77), Ogun State (₦1239.17), and Abuja ( ₦1240.00)..
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