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    Chronicle NG

    Diesel increases by 11.18% to N815/litre

    David GreatBy David GreatJuly 26, 2023No Comments1 Min Read
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    Nigeria's capital importation jumps by 210% in Q1 2024
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    The National Bureau of Statistics (NBS) says Nigerians paid an average of N815 per litre for Automotive Gas Oil (Diesel) in June 2023, noting that, it was an increase of 11.81 per cent.

    The NBS in its analysis explained that the average retail price of diesel paid by consumers in June 2023 was N815.83 per litre, an increase of 11.18% from N733.78 per litre recorded in the corresponding month of the previous year.

    On a month-on-month basis, this decreased by 3.37% from N844.28 per litre reported in May 2023.

    On state profile analysis, the highest average price of the product in June 2023 was recorded in Taraba with N899.23, followed by Adamawa with N875.67, and Niger with N873.33.

    • 12kg cooking gas price drop in May – NBS

    On the other hand, the lowest price was recorded in Bayelsa with N733.20, followed by Imo with N742.71 and Kebbi with N746.00.

    Furthermore, analysis by zone showed that the North-Central had the highest price at N856.97, while the South-East recorded the lowest price at N776.69.

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    Retired Nigeria Police Force men and their families blocked a gate at the Presidential Villa in Abuja on Monday to protest their continued inclusion in the Contributory Pension Scheme (CPS). The demonstrators, led by the Police Retired Officers Forum of Nigeria (PROF), branded the program as "fraudulent, illegal, inhumane, and obnoxious" and urged President Bola Ahmed Tinubu to sign the Police Exit Bill. According to the retirees, if signed into law, the bill, which was passed by the National Assembly on December 4, 2025, and transmitted to the president on March 16, 2026, would remove police personnel from the CPS. The National Coordinator of PROF, CSP Raphael Irowainu (retd.), led the protest and stated that the goal was to get the president to act on the legislation. “Our major aim here is to prevail on President Bola Ahmed Tinubu to sign our bill—the bill exiting the police from the Contributory Pension Scheme—passed by the National Assembly on 4th December 2025 and transmitted to him on 16th March 2026 into law, nothing more than that,” he said. Ads by Irowainu bemoaned that while other security agencies have been removed from the scheme, police personnel remain included. “The soldiers have been exited, the SSS has been exited, the Air Force has been exited, the Navy has been exited, and the National Intelligence Agency has been exited. The police, who are the father of them all, are trapped in this obnoxious Contributory Pension Scheme,” he added. The pensioners maintained that the CPS had a negative impact on their wellbeing, calling it a "slavery and untimely death-inducing pension scheme." Monday's demonstration is not the first time retired police officers have raised the issue. In July 2025, retirees held a similar demonstration at the National Assembly, seeking their expulsion from the plan. Some demonstrators, many of whom were elderly, also protested at the Force Headquarters in Abuja, expressing their dissatisfaction with the CPS's pension arrangements. The latest protest reflects rising frustration among retired police officers with pension reforms and their exclusion from benefits provided to other security organizations.

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    Marco Rose

    Bournemouth appoint Marco Rose as Iraola successor

    April 20, 2026
    Peter Okoye and NASRE dispute over alleged threat to journalist Bayo Adetu at Ikoyi High Court

    NASRE warns Peter Okoye over alleged threat to journalist

    April 20, 2026
    Police IG vows justice for victims of Plateau massacre

    Police nab 42 miners over abduction of Kwara monarch

    April 20, 2026
    Police IG vows justice for victims of Plateau massacre

    Police confirm kidnap of UTME candidates, others by pirates in Calabar

    April 20, 2026
    NYSC warns corps members against night travel as 2026 Batch A orientation dates and safety guidelines are announced.

    NYSC issues call-up letters for 2026 Batch ‘A’ Stream II

    April 20, 2026
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