Common Diesel Costs Soar by 50% in One Yr – NBS

Diesel
Diesel


FIRS

Common Diesel Costs Soar by 50% in One Yr – NBS

In accordance with the Nationwide Bureau of Statistics (NBS), the common value of automotive fuel oil (Diesel) paid by shoppers leaping 50% over the previous 12 months, from N836.91 per litre in February 2023 to N1,257.06 per litre in February 2024.

The rising value of diesel is including to the price of residing for shoppers and companies, as many industries depend on diesel-powered turbines for electrical energy.

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