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Lastly, on Zonal profile, the North East Zone had the highest average retail price of ₦732.37, while the South West Zone had the lowest price of ₦654.24.” The latest NBS report comes as the pump price of fuel continues to nosedive amid the rise in the value of naira and other effort by the president Bola Tinubu led government to restore the contry’s plumetting economy in the aftermath of the removal of fuel subsidy.
On State profile analysis, Taraba State had the highest average retail price for Premium “Motor Spirit (Petrol), at ₦761.92, Yobe and Adamawa States were next, with ₦749.09 and ₦735.00, respectively.On the other side, Lagos, Oyo and Ogun States had the lowest average retail prices for Premium Motor Spirit (Petrol), at ₦630.75, ₦645.88 and N651.25 respectively..
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