Diesel

The average retail price of Automotive Gas Oil (Diesel) paid by consumers in December 2022 was N817.86 per litre, the National Bureau of Statistics has said. This is an increase of 182.64% from N289.37 per litre recorded in the…

The amount spent daily on fueling the trains that operate on the Lagos-Ibadan Train Service is 135.3 percent higher than what the Nigeria Railway Corporation earns from the sale of tickets reports have shown. The situation has made the…

The average retail price of Automotive Gas Oil (Diesel) paid by consumers increased by 202.67% on a year-on-year basis, the National Bureau of Statistics has said. In its Automotive Gas Oil (Diesel) Price Watch (June 2022) report, the…

The world’s leading commodities traders have warned that sanctions on Russia are putting a squeeze on diesel markets, with Europe being the most at risk of a systemic shortage that might lead to fuel rationing. …

The Manufacturers Association of Nigeria (MAN) has warned that the high costs of diesel used by manufacturers in Nigeria is expected to lead to high cost of goods and services due to the high cost of production. This…

Residents of Lagos, South-west Nigeria, have lamented the 113% surge in the price of Automotive Gas Oil, popularly known as diesel. The price of diesel, which is not regulated by the government, has surged by over…