The National Bureau of Statistics, NBS, said the average price paid by consumers for premium motor spirit (petrol) decreased by -23.7% year-on-year and -0.1% month-on-month in January According to the reports made available to Brand Spur Nigeria by the National Bureau of Statistics (NBS), the price of petrol increased to N145.70 in January 2019 from N145.80 in December 2018.
The report reviewed states with the highest average price of premium motor spirit (petrol) to include Oyo (N150.50), Benue (N150.09) & Taraba (N150.00). It also named Abuja (N144.20), Ekiti (N144.00) & Ondo (N144.00) 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 1.59% month-on-month and 5.27% year-on-year to N225.09 in January 2019 from to N221.56 in December 2018. It said states with the highest average price of diesel were Kwara (N249.00), Borno (N243.67) and Ebonyi (N239.29). It said the states with the lowest average price of diesel were Adamawa (N197.50), Rivers (N201.86) and Ekiti (N203.57).
On National Household kerosene, the report noted that average price per litre paid by consumers for National Household Kerosene increased by 5.35% month-on-month and 6.03% year-on-year to N306.28 in January 2019 from N290.74 in December 2018.
“States with the highest average price per litre of kerosene were Abuja (N350.57), Enugu (N344.58), and Jigawa (N341.31)”
“States with the lowest average price per litre of kerosene were Lagos (N260.78), Taraba (N265.67) and Niger (N253.47)”
Similarly, the average price per gallon paid by consumers for National Household Kerosene increased by 2.71% month-on-month and 15.90% year-on-year to N1187.75 in January 2019 from N1156.41 in December 2018.
“States with the highest average price per gallon of kerosene were Jigawa (N1367.14), Kaduna (N1326.47) & Enugu (N1325.95)”
“States with the lowest average price per gallon of kerosene were Plateau (N1056.25), Kogi (N1,045.00) and Bayelsa (N1,004.55)”.
According to the report, the average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -0.63% month-on-month and -6.86% year-on-year to N2,039.82 in January 2019 from N2,052.79 in December 2018.
“States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Bauchi (N2,540.00), Adamawa & Cross River (N2,350.00) and Borno (N2,325.00)”.
“States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Osun (N1,703.57), Ogun (N1,700.00) and Enugu (N1,672.22)”.
Similarly, the average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -1.25% month-on-month and -1.16% year-on-year to N4,277.86 in January 2019 from N4,332.06 in December 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 (N4,850.00), Abia (N4,761.54) and Delta (N4,757.14) while states with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Oyo (N3,945.00), Lagos (N3,876.00) and Kano (N3,866.67).
