The price of diesel in Nigeria has recently attracted attention with a significant increase. According to the NBS report released in January 2024, the price of diesel was ₦1153.01 per litre, up 39.11% from January 2023 when it was ₦828.82.
This 2.34% increase from the previous month, where the price was ₦1126.69 per liter, shows a continued upward trend. Analyzing the average price by state, we see that Kebbi has the highest price in January 2024 at ₦1433.33 per litre, followed by Kogi at ₦1300 and Abuja at ₦1226.70.
On the other hand, the states with the lowest prices are Borno at ₦927.27 per litre, followed by Kano at ₦940.89 and Taraba at ₦988.33. This disparity in diesel prices can impact the population of these states significantly.
Fluctuating fuel prices are a hot topic in Nigeria, with repercussions across many sectors. Consumers, businesses and even the government must take these variations into account to adjust their economic practices.
Searching for images of diesel prices in Nigeria in January 2024 could provide a more graphic view of this economic reality. These images could clearly illustrate price differences between states and increase awareness about the impact of these variations on the daily lives of Nigerians.
To deepen the discussion on this subject, I invite you to consult the links to articles already published on our blog. These resources can provide you with more information and analysis on this crucial issue for the Nigerian economy.