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According to the Nigerian Bureau of Statistics (NBS) Automotive Gas Oil (AGO) Price Watch for July 2024, the states with the highest diesel prices per litre are:
- Taraba – ₦1,721
- Borno – ₦1,694
- Bauchi – ₦1,619
- Yobe – ₦1,610
- Adamawa – ₦1,576
These high prices reflect the significant costs of diesel in certain regions, likely due to factors like transportation challenges, supply chain issues, and local economic conditions.
Comparison
- Lowest Diesel Prices:
- Kogi – ₦1,181.31
- Kano – ₦1,211.11
- Osun – ₦1,246.82
Additional Insights
- Average Retail Price Increase: The average retail price of diesel rose by 73.63% from ₦794.48 per litre in July 2023 to ₦1,379.48 per litre in July 2024.
- Monthly Price Trend: There was a slight decrease of 5.71% from June 2024 (₦1,462.98) to July 2024.
- Regional Prices:
- North East Zone had the highest average price at ₦1,600.85.
- South West Zone had the lowest average price at ₦1,266.57.
