Petrol Price Rises to N1,532.93 Per Litre in April — NBS
National Bureau of Statistics reports sharp increase in fuel and diesel prices, with global oil tensions blamed for rising energy costs.
The National Bureau of Statistics (NBS) says the average retail price of petrol rose to N1,532.93 per litre in April 2026, marking a significant increase from the previous month. Diesel prices also surged during the period, driven partly by global oil market disruptions and supply challenges.
The National Bureau of Statistics (NBS) has reported a further increase in the average retail price of Premium Motor Spirit (petrol), which rose to N1,532.93 per litre in April 2026.
According to its latest Petrol Price Watch released in Abuja, the figure represents an 18.97 per cent increase compared to N1,288.54 recorded in March 2026.
The report also showed a year-on-year increase of 23.69 per cent, rising from N1,239.33 in April 2025 to N1,532.93 in April 2026.
State-by-state analysis revealed that Yobe State recorded the highest average petrol price at N1,599.05 per litre, followed closely by Edo at N1,595.74 and Bauchi at N1,589.07.
On the lower end, Niger State recorded the cheapest average price at N1,403.89 per litre, followed by Sokoto at N1,404.16 and Katsina at N1,406.28.
By regional breakdown, the South-South zone recorded the highest average petrol price at N1,566.76 per litre, while the North-West recorded the lowest at N1,508.81.
In a separate report, the NBS also revealed a sharp increase in diesel prices during the same period. The average price of Automotive Gas Oil rose by 50.16 per cent month-on-month, increasing from N1,648.06 in March to N2,474.69 in April 2026.
Year-on-year, diesel prices increased by 43.67 per cent compared to N1,722.45 recorded in April 2025.
State analysis showed Nasarawa recording the highest diesel price at N2,818.94 per litre, followed by Ebonyi at N2,754.06 and Taraba at N2,704.76.
Kebbi recorded the lowest diesel price at N2,180.28 per litre, followed by Kogi at N2,192.70 and Katsina at N2,269.14.
Regionally, the North-East recorded the highest diesel price at N2,603 per litre, while the North-West recorded the lowest at N2,409.34.
Experts attributed the continuous rise in fuel and diesel prices to global oil market pressures, including geopolitical tensions in the Middle East and disruptions affecting crude supply chains, which have pushed Brent crude prices higher and increased import costs.
