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The National Bureau of Statistics (NBS) in conjunction with NOI Polls have revealed that Nigerians currently pay N199 for Petrol per litre, against the N145 approved by the government. NOI Polls, a research firm revealed this in its latest report released in Abuja on Tuesday and urged the Department of Petroleum Resources (DPR) to enforce the petroleum price monitoring mechanism.


The firm said that the result of the poll, which was conducted on Feb. 5, also highlighted the need for stakeholders in the oil and gas sector, especially the DPR to intensify efforts toward price monitoring exercises.


The report reads in part;


“Poll results revealed that most Nigerians representing 56 per cent, buy petrol from Independent Marketer’s filling stations with residents in the South-East having the highest percentage of respondents in this category with 78 per cent representation. While 23 per cent mentioned Major Marketers’ filling stations, it is interesting to note that 12 per cent of the respondents buy from black market sellers (street hawkers) and only nine percent indicated that they buy from the NNPC Mega Stations.


The prevailing price of petrol was also ascertained and results revealed that an overwhelming proportion of about 86 per cent of Nigerians disclosed that they buy petrol above the official price of N145. And this assertion cuts across gender, geo-political zones and age groups, with each demography having more than 70 per cent of the respondents indicating that they buy petrol above the official price in their respective region.


Further analysis revealed that of all the various prices mentioned by respondents, Nigerians buy a litre of petrol for an average price of N199 nationwide. Also, residents in the North-West zone pay the highest average price of N221 for a litre of petrol, while respondents resident in the South-West zone pay the lowest average price of N179 per litre.” It said

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