The National Bureau of Statistics (NBS) says the average retail price of diesel increased to N3,277.47 per litre in May 2026, from N1,758.26 recorded in May 2025.
The NBS disclosed this in its Diesel Price Watch for May 2026 released in Abuja on Wednesday.
According to the report, the May 2026 price represented an 86.40 per cent increase compared with the N1,758.26 paid in May 2025.
The bureau added that on a month-on-month basis, diesel prices rose by 32.44 per cent from N2,474.69 per litre recorded in April 2026.
“On a month-on-month basis, the price increased by 32.44 per cent from the N2,474.69 per litre recorded in April 2026,” the report stated.
On state-by-state analysis, NBS said Nasarawa recorded the highest average diesel price in May 2026 at N3,785.84 per litre, followed by Plateau at N3,576.40 and Ebonyi at N3,574.75.
The report said Kogi recorded the lowest diesel price at N2,823.85 per litre, followed by Benue at N2,961.33 and Kebbi at N3,016.14.
“Analysis by zones showed that the North-West recorded the highest average price at N3,313.60 per litre, while the South-West had the lowest at N3,227.55,” it added.
Source: NAN
