Some states in Nigeria are groaning under arbitrary increases in the pump price of petrol beyond the official post-subsidy prices.
The National Bureau of Statistics (NBS) report titled, “Premium Motor Spirit (Petrol) Price Watch” for July 2023, showed that Borno state topped the price chart at N657.27 per litre, overshooting the post-subsidy adjusted official price of N600.35 per litre for that region by 9.5 percent.
Abia state followed with N643.15, while Gombe state ranked third with N642.22, thus overshooting the adjusted prices by 7.13 per cent and 6.9 per cent respectively.
This comes as the NBS report on Automotive Gas Oil (Diesel) Price Watch for July 2023, showed that Niger state topped the price chart at N892.50 per litre indicating an increase of 12.34 per cent to N794.48.
Abia state followed with N890.63, while Enugu state came third with N872.73 indicating an increase of 12.1 per cent and 9.85 per cent respectively.
However, Edo, Kwara and Benue states emerged with the lowest retail price for petrol at N530.00, N535.44 and N537.00 . While Bayelsa, Anambra/ Bauchi and Ondo states emerged with the lowest retail price for diesel at N683.20, N700.00 and N701.58 respectively.