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Petrol retail price hit N1,061 in November 2025 – NBS

by Catherine Agbo
December 23, 2025
in Business Scene
0
Petrol price remains N165/litre – NMDPRA
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Data from the latest Premium Motor Spirit (Petrol) Price Watch by the National Bureau of Statistics (NBS) has shown that the average retail price of petrol was N1,061.35 in November 2025.

This represents a 12.59 per cent decline compared to N1,214.17 recorded in November 2024.

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However, the price rose slightly by 0.86 per cent from October 2025’s N1,052.31, highlighting ongoing month-to-month fluctuations.

According to the NBS data, Borno State recorded the highest average retail price at N1,133.86, followed by Sokoto (N1,118.83) and Kogi (N1,111.00).

Oyo State had the lowest price at N997.39, while Nasarawa and Lagos States posted N1,015.12 and N1,021.14, respectively.

Zonal analysis showed that the North East recorded the highest average petrol price at N1,084.04, while the South West had the lowest at N1,036.12.

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