Nigerians Paid More for Cooking Gas, Diesel, Kerosene and Petrol in February – NBS

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Inflation Rate to rise by 13.49% YoY in September - Analyst
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The National Bureau of Statistics (NBS) said that the average price paid by consumers across major fuel types (Cooking Gas, Diesel, Kerosene and Petrol) increased month-on-month and year-on-year February 2021.

However, only Kerosene decreased by -0.76% year-on-year to N1,214.24 in February 2021 from N1,191.13 in January 2021.

The bureau announced this in its “National Price Watch for Cooking Gas, Diesel, Kerosene and Petrol’’ released on Friday in Abuja.

LIQUEFIED PETROLEUM GAS (COOKING GAS) – 5KG CYLINDER

According to the report made available to Brand Spur Nigeria, the average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 3.59% month-on-month and by 1.18% year-on-year to N2,018.91 in February 2021 from N1,949.02 in January 2021.

Also, states with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were:

  • Bauchi – N2,487.46
  • Adamawa – N2,396.99
  • Borno – N2,396.22

cooking gas nbs brandspur nigeria

In the same vein, states with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were:

  • Ebonyi – N1,756.25
  • Kogi – N1,775.00 and
  • Jigawa – N1,795.00

LIQUEFIED PETROLEUM GAS (COOKING GAS) – 12.5KG CYLINDER

Similarly, the average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 4.45% month-on-month and by 4.38% year-on-year to N4,363.51 in February 2021 from N4,177.55 in January 2021.

The report stated the states with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were:

  • Sokoto – N4,884.04
  • Cross River – N4,853.57
  • Bauchi – N4,682.50

States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were:

  • Zamfara – N3,754.25
  • Kaduna – N3,858.33
  • Katsina – N3,988.99

PREMIUM MOTOR SPIRIT (PETROL)

The average price paid by consumers for premium motor spirit (petrol) increased by 14.32% year-on-year and month-on-month by 1.31% to N166.24 in February 2021 from N164.09 in January 2021.

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According to the report, states with the highest average price of premium motor spirit (petrol) were

  • Abia – N180.00
  • Kogi – N175.82
  • Kebbi – N173.07

States with the lowest average price of premium motor spirit (petrol) were:

  • Osun -N162.91
  • Nassarawa – N163.08
  • Katsina – N163.25 

AUTOMOTIVE GAS OIL (DIESEL)

The average price paid by consumers for Automotive Gas Oil (diesel) increased by 1.29% month-on-month and by 0.67% year-on-year to N227.76 in February 2021 from N224.86 in January 2021.

Here are the average Prices of Petrol, Diesel, Kerosene and Cooking Gas for October 2020

States with the highest average price of diesel were:

  • Zamfara – N268.78
  • Adamawa – N263.33
  • Kebbi – N257.50

States with the lowest average price of diesel were:

  • Osun – N206.50
  • Ekiti – N207.86
  • Plateau – N208.57    

The average price per litre paid by consumers for National Household Kerosene increased by 1.50% month-on-month and by 8.83% year-on-year to N355.80 in February 2021 from N350.55 in January 2021.

States with the highest average price per litre of kerosene were:

  • Taraba – N448.33
  • Benue – N447.50
  • Ebonyi – N435.00

States with the lowest average price per litre of kerosene were:

  • Bayelsa – N206.94
  • Yobe – N297.28
  • Zamfara – N305.13.

NATIONAL HOUSEHOLD KEROSENE

Similarly, the average price per gallon paid by consumers for National Household Kerosene increased by 1.94% month-on-month and decreased by -0.76% year-on-year to N1,214.24 in February 2021 from N1,191.13 in January 2021.

Nigerians paid more for Kerosene in September 2020 – NBS Brandspurng
Photo by Joshua Bartell

States with the highest average price per gallon of kerosene were:

  • Kebbi – N1,660.00
  • Katsina – N1,561.38
  • Nassarawa – N1,428.57

States with the lowest average price per gallon of kerosene were:

  • Bayelsa – N792.22
  • Adamawa – N968.00
  • Delta – N1,016.79