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Home | Diesel Price Jumps To ₦1,758 Per Litre In May 2025 — NBS

Business

Diesel Price Jumps To ₦1,758 Per Litre In May 2025 — NBS

Olaitan Sodiq
Olaitan Sodiq
Published: July 2, 2025
Last updated: July 2, 2025
2 Min Read
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Diesel Price Jumps To ₦1,758 Per Litre In May 2025 — NBS | Daily Report Nigeria
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  • Consumers in Benue, Adamawa, and Plateau paid the highest prices above ₦2,200 per litre

  • National average rose by over 25% compared to May 2024 figures

  • South-West recorded the lowest regional diesel price at ₦1,553.19

The average retail price of Automotive Gas Oil, commonly known as diesel, rose sharply to ₦1,758.26 per litre in May 2025, representing a 25.24 percent year-on-year increase from ₦1,403.96 in May 2024.

The National Bureau of Statistics (NBS) disclosed this in its monthly report titled Automotive Gas Oil (Diesel) Price Watch released on Wednesday.

On a month-on-month basis, diesel recorded a 2.08 percent rise from the ₦1,722.45 recorded in April 2025 to ₦1,758.26 in May 2025.

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The data revealed that Benue State posted the highest diesel price at ₦2,441.46 per litre, followed by Adamawa at ₦2,350.32 and Plateau at ₦2,201.52.

The lowest diesel prices were recorded in Ondo State at ₦1,318.40, Kogi at ₦1,360.00, and Anambra at ₦1,361.02.

At the regional level, residents in the North-Central zone, which includes the Federal Capital Territory, paid the highest average of ₦1,920.47 per litre in May.

The South-West zone had the lowest regional average price at ₦1,553.19, followed by the South-East at ₦1,632.33 and the South-South at ₦1,857.19. In the North-West, diesel averaged ₦1,769.28, while in the North-East it stood at ₦1,767.21.

READ ALSO: UTME 2022: JAMB Hikes Mock Fee To N1,000 Over Diesel Cost

In April 2025, the national average stood at ₦1,722.45 per litre, a 21.72 percent increase from ₦1,415.06 in April 2024. The same three states—Benue, Adamawa, and Plateau—topped the diesel price chart in April.

NBS data also showed that Nigeria’s headline inflation dropped to 22.97 percent in May 2025, down from 23.71 percent in April, indicating a gradual decline in overall price pressures.

Despite easing inflation, diesel prices remain high, placing additional burden on households, transporters, and manufacturers dependent on the product.

 

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TAGGED:diesel price NigeriaNBS diesel report
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