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This report delves into the intricate movements of key petroleum products across Nigeria’s 36 states and the Federal Capital Territory (FCT). The exploration encompasses popular fuels including PMS, Diesel, LPG in both 5kg and 12kg variants, as well as Kerosene in 1-liter and 1-gallon quantities.
In this report, you will find a comprehensive summary of price trends that captures the dynamic landscape of petroleum product prices across Nigeria’s diverse regions. Spanning from bustling city centers to the tranquil rural outskirts, the changes in prices have been dissected. This detailed analysis illuminates the interplay of local factors and broader market dynamics, shedding light on the intricate journey of these essential commodities.
The foundation of this analysis is robust data sourced from the National Bureau of Statistics (NBS), ensuring accuracy and reliability in our findings. Armed with this data, we employed various analytical techniques, utilizing the programming language R to unearth meaningful insights from the wealth of information.
This report has been meticulously crafted using the quarto framework and R, combining data visualization using plotly, tabular summarise using reactable, statistical insights, and articulate narratives to provide a holistic view of the petroleum product pricing landscape.