Average retail price of petrol up 24.38% in December – NBS

The average retail price paid by consumers for petrol rose by 24.38 per cent in December, the National Bureau of Statistics (NBS) has said.

The bureau said this in its “Premium Motor Spirit (Petrol) Price Watch” for December 2022 released on Saturday.

The NBS said the average retail price paid by consumers for petrol for December 2022 was N206.19 per litre, indicating a 24.38 per cent increase when compared to the value recorded in December 2021 (N165.77).

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