The average retail price of petrol in Nigeria surged to ₦1,037.66 per litre in June 2025, up from ₦750.17 recorded in the same month of 2024 — representing a year-on-year increase of 38.32 percent.
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This was revealed in the latest Petrol Price Watch report released by the National Bureau of Statistics (NBS) on Thursday in Abuja.
According to the report, petrol prices also saw a month-on-month rise of 0.96 percent, increasing from ₦1,027.76 in May 2025 to ₦1,037.66 in June.
A breakdown by state showed that Jigawa recorded the highest average retail price at ₦1,107.52 per litre, followed closely by Ondo and Lagos at ₦1,104.80 and ₦1,100.29 respectively.
On the other end of the spectrum, Yobe reported the lowest average price at ₦950.60, while Kogi and Imo followed with ₦986.67 and ₦987.86 respectively.
Zonal analysis indicated that the North-West region had the highest average price at ₦1,062.84 per litre, while the North-East recorded the lowest at ₦1,020.15.
In a related report, the NBS also revealed that diesel prices climbed to an average of ₦1,813.81 per litre in June 2025 — a 23.98 percent increase compared to ₦1,462.98 paid in June 2024.
Month-on-month data showed that diesel prices rose by 3.16 percent, up from ₦1,758.26 per litre in May 2025.
Benue State recorded the highest average diesel price at ₦2,541.46 per litre, followed by Adamawa at ₦2,355.32 and Plateau at ₦2,236.42.
Conversely, the lowest prices were seen in Ondo at ₦1,365.71 per litre, Anambra at ₦1,391.02, and Kogi at ₦1,400.00.
Among the geopolitical zones, the South-South recorded the highest diesel price at ₦1,963.86 per litre, while the South-West posted the lowest at ₦1,618.74.
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