Price of Cooking Gas, Diesel, kerosene increased in October – NBS

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The National Bureau of Statistics, NBS, said the average price paid by consumers for premium motor spirit (petrol) increased by 0.8% year-on-year and decreased by -0.1% month-on-month. According to the reports made available to Brand Spur Nigeria by the National Bureau of Statistics (NBS), the price of petrol decreased to N147.20 in September 2018 from N147.30 in August 2018.

The report reviewed states with the highest average price of premium motor spirit (petrol) to include Kebbi (N155.24), Benue (N153.33) & Taraba (N153.00).  It also named Katsina (N144.45), Jigawa N144.29) & Sokoto (N144.20) as states with the lowest average price of premium motor spirit (petrol).

According to the report, the average price paid by consumers for automotive gas oil (diesel) increased by 2.42% month-on-month and 7.33% year-on-year to N216.75 in October 2018 from to N211.64 in September 2018. It said the states with the highest average price of diesel were Lagos (N238.55), Oyo (N231.32) and Sokoto (N231.25). It said the states with the lowest average price of diesel were Bayelsa (N189.44), Zamfara (N200.71) and Plateau (N203.93).

READ: NIGERIA’S INFLATION DROPS TO 11.26% IN OCTOBER

On National Household kerosene, the report noted that the average price per litre paid by consumers for kerosene also increased in the month under review.

According to the report, National Household Kerosene increased by 3.35% month-on-month and 12.36% year-on-year to N307.23  in October 2018 from N297.28 in September 2018.

“States with the highest average price per litre of kerosene were Ogun (N346.30) , Enugu (N348.33), and Abuja (N360.67).”

“States with the lowest average price per litre of kerosene were Kogi (N261.11), Abia (N248.08) and Borno (N240.44)”

Similarly, the average price per gallon paid by consumers for National Household Kerosene increased by 12.00% month-on-month and by 2.86% year-on-year to N1159.33 in October 2018 from N1127.05 in September 2018.

The report noted that Katsina, Ekiti & Ebonyi recorded the highest average price per gallon of kerosene were N1273.33, N1277.78 & N1279.38 respectively. It said that states with the lowest average price per gallon of kerosene were Delta (N1035.15), Yobe (N1050.0) and Akwa Ibom (N1066.36).

According to the report, the average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 1.79% month-on-month and decreased by -9.64% year-on-year to N2,145.30  in October 2018 from N2,107.48 in September 2018.

“States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Bauchi (N2,550.00), Gombe (N2,500.00) and Borno (N2,488.89).”

“States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Enugu (N1,918.18), Ebonyi (N1,916.67) and Kwara (N1,900.00).”

Similarly, the average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by1.40% month-on-month and decreased by -2.71% year-on-year to N4,437.54 in October 2018 from N4,376.19 in September 2018.

Also, states with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Akwa Ibom (N5,150.00), Anambra (N4,861.54) and Borno (N4,785.71).

States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Oyo, (N4198.53), Yobe (N4,115.81) and Zamfara & Kebbi (N4,100.00)