Average retail price of petrol up 47% in April – NBS
The average retail price paid by consumers for petrol rose by 47.18 per cent in April, the National Bureau of Statistics (NBS) has said.
The bureau said this in its “Premium Motor Spirit (Petrol) Price Watch” report for April 2023 released on Friday.
The NBS said the average retail price paid by consumers for petrol in April 2023 was N254.06, indicating an increase of 47.18 per cent relative to the value recorded in April 2022 (N172.61).
The bureau also said that comparing the average price value with the…