Diesel price jumps 86.40% to N3,277 per litre in May 2026

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The National Bureau of Statistics (NBS) has reported that the average price of diesel in Nigeria rose to N3,277.47 per litre in May 2026. This is an increase of 86.40% compared to N1,758.26 per litre in May 2025.

On a month-on-month basis, diesel prices went up by 32.44% from N2,474.69 per litre in April 2026.

Nasarawa State recorded the highest average diesel price at N3,785.84 per litre. Plateau followed at N3,576.40, and Ebonyi at N3,574.75. Kogi State had the lowest price at N2,823.85 per litre.

By geopolitical zone, the North-West recorded the highest average diesel price at N3,313.60 per litre. The South-West recorded the lowest at N3,227.55 per litre.

The rising cost of diesel continues to put pressure on businesses, manufacturers, and transport operators across the country.

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