NBS: Lagos Tops 10 States With Most Expensive Diesel Price in Nigeria

NBS: Lagos Tops 10 States With Most Expensive Diesel Price in Nigeria

  • The NBS has revealed that the average retail price of Diesel fell by 9.32% year-on-year in January 2026.
  • Lagos, Akwa Ibom, and Borno recorded the highest diesel prices, while Kogi, Ogun, and Zamfara posted the lowest
  • The North East zone had the highest average price, while the South East recorded the lowest

Legit.ng journalist Dave Ibemere has experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The National Bureau of Statistics has announced that the average retail price paid by consumers for Automotive Gas Oil (Diesel) stood at N1,361.57 per litre in January 2026.

This represents a 9.32% decrease compared with N1,501.58 recorded in January 2025.

New Diesel price in January 2026
Diesel prices fall 9.32% year-on-year in January 2026 Photo: NBS
Source: Facebook

On a month-on-month basis, the average retail price declined by 2.86% from N1,401.63 in December 2025.

The data was published in the latest price watch report for January 2026.

The NBS said the data for the price report was collected from sample outlets across the 774 local government areas in the 36 states and the Federal Capital Territory, Abuja, with over 10,000 respondents surveyed.

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Breakdown of diesel prices by state

Based on state-level analysis, Lagos recorded the highest average retail price of diesel at N1,560.82, followed by Akwa Ibom (N1,558.52) and Borno (N1,480.00).

Conversely, Kogi recorded the lowest average retail price at N1,200.00, while Ogun (N1,230.52) and Zamfara (N1,242.82) also ranked among the cheapest states to buy diesel during the period.

Top states with the highest diesel prices (January 2026)

  • Lagos: N1,560.82
  • Akwa Ibom: N1,558.52
  • Borno: N1,480.00
  • Sokoto: N1,470.46
  • Oyo: N1,459.78
  • Taraba: N1,453.50
  • Plateau: N1,449.78
  • Bauchi: N1,449.62
  • Rivers: N1,439.61
  • Osun: N1,427.59

Top states with the lowest diesel prices (January 2026)

  • Kogi: N1,200.00
  • Ogun: N1,230.52
  • Zamfara: N1,242.82
  • Anambra: N1,243.08
  • Enugu: N1,251.69
  • Kaduna: N1,266.67
  • Niger: N1,276.00
  • Abia: N1,282.50
  • Kano: N1,281.92
  • Bayelsa: N1,294.51
Lagos, Akwa Ibom, and Borno dominate Nigeria’s priciest diesel markets.
Lagos tops the states with the most expensive diesel Photo: Bloomberg
Source: Getty Images

Zonal average diesel prices

On a zonal basis, the North East recorded the highest average retail price at N1,430.96, while the South East posted the lowest average price at N1,288.20.

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  • South East: N1,288.20
  • North Central: N1,334.92
  • North East: N1,430.96
  • South South: N1,387.68
  • South West: N1,395.43
  • North West: N1,329.75

Petrol price in January 2026

Earlier, Legit.ng reports indicate that the Dangote Petroleum Refinery confirmed its ability to meet Nigeria’s fuel needs, highlighting a daily petrol supply capacity of 75 million litres, exceeding the estimated national demand of 50 million litres.

The refinery also stated it could produce 25 million litres of diesel daily, surpassing the estimated demand of 14 million litres, along with 20 million litres of aviation fuel, well above domestic consumption.

According to the company, this surplus capacity is expected to stabilise the market, reduce dependence on imports, and strengthen the country’s downstream fuel supply chain.

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.