The average retail price of Automotive Gas Oil (AGO), commonly known as diesel, fell to ₦1,361.57 per litre in January 2026 from ₦1,501.58 recorded in January 2025, according to the National Bureau of Statistics.
The agency’s Automotive Gas Oil Price Watch report for January showed the decline represents a 9.32 per cent year-on-year drop. On a month-on-month basis, diesel prices also decreased by 2.86 per cent from ₦1,401.63 per litre recorded in December 2025.
Prices varied across states, with Lagos posting the highest average price at ₦1,560.82 per litre, followed by Akwa Ibom State at ₦1,558.52 and Borno State at ₦1,480.00.
The lowest average prices were recorded in Kogi State at ₦1,200.00, Ogun State at ₦1,230.52, and Zamfara State at ₦1,242.82 per litre.
Zonal analysis showed the North East recorded the highest average diesel price at ₦1,430.96 per litre, while the South East had the lowest at ₦1,288.20.
The report highlights persistent regional disparities in diesel pricing despite the overall nationwide decline.
Preparations have been concluded for the maiden edition of the First Daily National Dialogue on…
Here are the main developments related to the wildfires raging in Europe on Saturday, July…
A Canada-based Nigerian woman, Ezinne Nwanorue, has accused her husband, Franklin Nwanorue, of being unfaithful…
The Nigeria Police Force has released the full remarks of the Inspector-General of Police, Olatunji…
The Anambra State Government has prohibited residents and communities from constructing speed bumps on public…
The Nigeria Centre for Disease Control and Prevention (NCDC) has reported an increase in confirmed…
This website uses cookies.