Diesel Price Rises by Over 25% in May 2025 — NBS Report

Diesel Price Rises by Over 25% in May 2025 — NBS Report

By Katsina TIMES 

The National Bureau of Statistics (NBS) has revealed that the average retail price of Automotive Gas Oil (Diesel) paid by consumers rose by 25.24% on a year-on-year basis in May 2025.

According to the report, the average price per litre increased from ₦1,403.96 recorded in May 2024 to ₦1,758.26 in May 2025.

On a month-on-month comparison, the diesel price rose by 2.08%, moving from ₦1,722.45 in April 2025 to ₦1,758.26 in May 2025.

The top three states with the highest average diesel prices in May 2025 were:

• Benue State – ₦2,441.46
• Adamawa State – ₦2,350.32
• Plateau State – ₦2,201.52

Conversely, the states with the lowest prices were:

• Ondo State – ₦1,318.40
• Kogi State – ₦1,360.00
• Anambra State – ₦1,361.02

In terms of zonal distribution, the North Central region recorded the highest average price at ₦1,920.47, while the South West zone recorded the lowest at ₦1,553.19.

The NBS has published the full AGO Price Watch Report for May 2025 on its official website for further details.