Prices of Kerosene, Diesel rise in April 2019 – NBS

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The National Bureau of Statistics (NBS), yesterday, said the average prices paid by consumers for kerosene and diesel increased in April 2019.

The average price per litre paid by consumers for Kerosene increased by 4.06% month-on-month and 13.57% year-on-year to N316.26 in April 2019 from N303.94 in March 2019.

Also, the average price paid by consumers for automotive gas oil (diesel) increased by 0.66% month-on-month and 12.88% year-on-year to N230.67 in April 2019 from to N229.16 in March 2019.

NBS stated, “States with the highest average price of diesel were Borno (N249.50), Osun (N245.55) and Niger (N241.90) while States with the lowest average price of diesel were Ekiti (N204.40), Rivers (N218.00) and Plateau (N219.11)”.

However, the average price paid by consumers for premium motor spirit (petrol) decreased by -3.6% year-on-year and increased by 0.4% month-on-month to N145.9 in April 2019 from N145.3 in March 2019. States with the highest average price of premium motor spirit (petrol) were Bayelsa (N148.64), Kogi (N147.88) and Yobe (N147.82) while states with the lowest average price of premium motor spirit (petrol) were Katsina (N143.50), Zamfara (N144.43) and Abuja (N144.67).

At the state level, Plateau, Anambra, and Enugu paid the highest price per litre at N361.90, N353.47, and N353.33 respectively. States with the lowest average price per litre of kerosene were Gombe (N269.04), Lagos (N272.02) and Nasarawa (N287.45).

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In its latest PMS report, the bureau stated that the average price per gallon paid by consumers for National Household Kerosene increased by 1.77% month-on-month and 24.20% year-on-year to N1,211.99 in April 2019 from N1,190.89 in March 2019.

“States with the highest average price per gallon of kerosene were Gombe (N1,361.54), Enugu (N1,322.73) & Jigawa (N1,321.43)”.

“States with the lowest average price per gallon of kerosene were Bayelsa (N1,031.67) Akwa Ibom (N1,071.36) and Delta (N1,071.36)”.

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