National Bureau of Statistics (NBS) has said that the average pump price of a litre of premium motor spirit (PMS), also known as petrol, witnessed a surge from N1,288.54 in March to N1,532.93 in April.

This is also the agency disclosed that the average price of 5kg of LPG or cooking gas increased from N7,655.73 recorded in March to N8,706.93 in April.

The NBS made this known in its Premium Motor Spirit (Petrol) Price Watch for April, released in Abuja.
It said that the April price of N1,532.93 represented an 18.97 per cent increase over the price of N1,288.54 recorded in March.
The report said the average retail price of petrol increased on a year-on-year basis from N1,239.33 recorded in April 2025 to N1,532.93 in April 2026, representing a 23.69 per cent increase.
Meanwhile, the NBS explained in its Cooking Gas Price Watch for April released in Abuja, that the April figures represented a 13.73 per cent increase, compared to what was obtained in March.
The report said that the average price of 5kg of cooking gas increased on a year-on-year basis by 10.42 per cent from N7,855.60 recorded in April 2025.
It also said that the average retail price for refilling a 12.5kg cooking gas increased by 13.89 per cent on a month-on-month basis from N19,652.83 in March 2026 to N22,382.20 in April 2026.
“While on a year-on-year basis, the average retail price for 12.5kg cooking gas increased by 10.43 per cent from N20,268.06 in April 2025.”
More details from the report showed that on state profile analysis, Lagos recorded the highest average price for refilling a 5kg at N9,745.10, followed by Nasarawa at N9,451.70 and Bayelsa at N9,422.74.
It said that Anambra recorded the lowest price at N7,204.76, followed by Ondo and Ogun at N7,239.49 and N7,825.75 respectively.
Analysis of the six zones showed that the North-West recorded the highest average retail price at N9,025.07 for 5kg of cooking gas, followed by the North-East at N8,847.16.
“The South-East recorded the lowest average retail price at N8,224.37,” the report said.
For refilling a 12,5kg cylinder, the report showed that Katsina recorded the highest average retail price at N25,596.71, followed by Kogi at N24,558.25 and Gombe at N24,438.97.
The report also showed that the lowest average price for refilling 12.5 kg of cooking gas was recorded in Ogun at N19,564.36, followed by Bauchi and Anambra at N20,178.87 and N20,511.90, respectively.
Analysis by zone showed that the North-West also recorded the highest average retail price for refilling a 12.5kg cylinder at N23,276.95, followed by the North-Central at N22,865.29.
The report said the South-East also recorded the lowest price of refilling a 12.5 kg cylinder at N21,060.92.
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