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Nigerians have been paying above N160/litre of fuel before 2021

 Despite recent outcry against indiscriminate increment in petrol price by oil marketers, checks by SweetcrudeReports shows that Nigerians have actually been paying more than the official price band since December 2020.

The current official price band released by the government agency responsible for fixing prices of petroleum products in the country, PPPRA is between N160 and N162 per litre. The NNPC has maintained an ex-depot price of N148.6/litre pending when government would conclude its consultations and deliberations with labour unions.

However, documents obtained from the Nigerian Bureau of Statistics, NBS showed that despite the N160-N162/litre price bands, some states in Nigeria pay as much as N180 for one litre of petrol.

The NBS report on PMS for last December said states with the highest average price of premium motor spirit (petrol) in December were Abia (N176.19), Kwara (N172.43) and Kebbi (N169.92), while those with the lowest average price were Kaduna (N155.00), Katsina (N160.25) and Bauchi (N162.57).

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Source: SweetCrudeReport

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