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The National Bureau of Statistics, NBS, says the average retail price of a litre of petrol increased from N254.06 in April 2023 to N701.24 in April 2024. The bureau said this in its Petrol Price Watch for April 2024, released in Abuja on Tuesday. It said that the April 2024 price of N701.24 represented a 176.02 per cent increase over the price of N254.06 recorded in April 2023. “Comparing the average price value with the previous month of March 2024, the average retail price increased by 0.64 per cent from N696.79 “On state profile analysis, Kogi paid the highest average retail price of N797.7…

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