The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol rose from ₦770.54 in July 2024 to ₦1,024.99 in July 2025.
According to its Premium Motor Spirit (Petrol) Price Watch for July 2025, released in Abuja on Thursday, the price represents a year-on-year increase of 33.02%.
However, compared with June 2025, when petrol averaged ₦1,037.66 per litre, the July price declined by 1.22%.