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Report Lists Places to Get Petrol at Cheapest Price in Nigeria, Delta, Lagos Top Chart [Video]

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  • In October 2024, consumers’ average retail price for Premium Motor Spirit (Petrol) was N1184.83
  • NBS data showed that this is an increase of 87.88% above the value published in October 2023 (N630.63)
  • Delta, Nasarawa, Lagos and other regions have been identified as places that had cheap petrol during the period

Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

The average retail price that customers paid for Premium Motor Spirit (Petrol) in October 2024 was N1184.83, according to a recent report from the National Bureau of Statistics.

Lagos, Delta, other regions sold petrol for cheaper price. Photo Credit: ContributorSource: Getty Images

In comparison to the figure reported in October 2023 (N630.63), this represents an increase of 87.88%. The average retail price of petrol also rose 14.98% from N1030.46 to N1030.46 when compared to the previous month (September 2024).

Based on zonal profile, the data showedthat the North-Central Zone had the lowest average retail price (N1132.94), while the …

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