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

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The National Bureau of Statistics (NBS) said that the average price paid by consumers in Nigeria across major fuel types (Cooking Gas, Diesel, Kerosene and Petrol) increased month-on-month and year-on-year March 2021.

However, only the average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -0.10% month-on-month in March 2021.

Nigeria's Inflation sustains sprint, rises to 14.89% y/y in November 2020

The bureau announced this in its “National Price Watch for Cooking Gas, Diesel, Kerosene and Petrol’’ released on Thursday 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 1.92% month-on-month and by 3.87% year-on-year to N2,057.71 in March 2021 from N2,018.91 in February 2021.

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Average cost of 12.5kg cooking gas decreased to N4,126.82 in July - NBS
Photo by Anton Nazaretian on Unsplash

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
  • Borno – N2,397.56
  • Adamawa – N2,397.37

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

  • Jigawa – N1,717.00
  • Abuja – N1,800.98
  • Kaduna – N1,825.86

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) decreased by -0.10% month-on-month and increased by 4.26% year-on-year to N4,359.23 in March 2021 from N4,363.51 in February 2021.

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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:

  • Cross River – N4,762.65
  • Sokoto – N4,750.00
  • Edo – N4,728.57

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

  • Zamfara – N3,749.06
  • Kaduna – N3,751.27
  • Katsina – N3,845.04
Read Also:  Nigeria earned N651.77bn from Value Added Tax in H1 2020 – NBS

PREMIUM MOTOR SPIRIT (PETROL)

The average price paid by consumers for premium motor spirit (petrol) increased by 18.76% year-on-year and month-on-month by 3.87% to N172.68 in March 2021 from N166.24 in February 2021.

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

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

  • Lagos – N200.87
  • Ebonyi – N184.17
  • Niger – N183.50

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

  • Adamawa – N162.91
  • Taraba – N162.67
  • Bauchi – N164.00

AUTOMOTIVE GAS OIL (DIESEL)

The average price per litre paid by consumers for National Household Kerosene increased by 1.50% month-on-month and by 8.12% year-on-year to N361.29 in March 2021 from N355.80 in February 2021.

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diesel_fuel_brandspur

States with the highest average price of diesel were:

  • Taraba – N466.67
  • Ebonyi – N450.00
  • Benue – N448.15

States with the lowest average price of diesel were:

  • Bayelsa – N250.00
  • Yobe – N296.43
  • Katsina – N318.33
Read Also:  Inflationary Pressure To Subsist In The Near Term

The average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 1.92% month-on-month and by 3.87% year-on-year to N2,057.71 in March 2021 from N2,018.91 in February 2021.

NATIONAL HOUSEHOLD KEROSENE

Similarly, the average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -0.10% month-on-month and increased by 4.26% year-on-year to N4,359.23 in March 2021 from N4,363.51 in February 2021.

Nigerians paid more for Kerosene in November 2020 – NBS

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

  • Cross River – N4,762.65
  • Sokoto – N4,750.00
  • Edo – N4,728.57

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

  • Zamfara – N3,749.06
  • Kaduna – N3,751.27
  • Katsina – N3,845.04
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