The National Bureau of Statistics (NBS) has reported a decline in average retail fuel prices in October 2025.
According to the bureau’s Petrol Price Watch released in Abuja, the average price of a litre of petrol fell to ₦1,052.31, down from ₦1,184.83 in October 2024, marking an 11.18% year-on-year decrease.
However, compared to September 2025, petrol prices rose by 8.42%, from ₦970.59.
State-level data showed Kogi recorded the highest average price at ₦1,110.00, followed by Sokoto (₦1,105.93) and Borno (₦1,101.63).
The lowest prices were in Oyo (₦1,001.79), Nasarawa (₦1,009.38), and Abia (₦1,012.50).
Zone analysis indicated the North-East had the highest average at ₦1,072.74, while the South-West recorded the lowest at ₦1,032.81.
In the diesel market, the NBS Diesel Price Watch revealed an average retail price of ₦1,398.57 per litre in October 2025, representing a 2.96% decrease year-on-year from ₦1,441.28 in October 2024. Month-on-month, diesel prices increased by 9.45% from ₦1,277.81 in September 2025.
State-wise, Enugu had the highest diesel price at ₦1,468.29, followed by Niger (₦1,465.69) and Jigawa (₦1,437.40).
The lowest prices were recorded in Katsina (₦1,301.24), Edo (₦1,307.84), and Kebbi (₦1,308.94). By zone, the South-East led with ₦1,415.85, while the South-South recorded the lowest at ₦1,387.18.
