The NBS has revealed that the average petrol price fell by 17.77% year-on-year in January 2026 Cross River, Rivers, and Nasarawa recorded the highest petrol prices, while Ekiti, Enugu, and Kaduna posted the lowest. The South-South zone had the highest average price, while the South West recorded the lowest The National Bureau of Statistics (NBS) reported that the average retail price paid by consumers for Premium Motor Spirit (PMS), commonly known as petrol, stood at N1,034.76 in January 2026. This represents a 17.77% decrease compared with N1,258.34 recorded in January 2025. On a month-on-month basis, the average retail price declined by 1.32% from N1,048.63 in December 2025. Ptrol price drop in Janaury, but stll very high for many Nigerians Photo: Bloomberg Source: Getty Images Th...