Average Prices Of Petrol, Diesel, Kerosene And Cooking Gas Price Watch – May 2017

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Premium Motor Spirit (Petrol)

  • Average price paid by consumers for Premium Motor Spirit (petrol) increased by 0.3% year-on-year and increased by 0.5%month-on-month to N150.7 in May 2017 from N149.9 in April 2017.
  • States with the highest average price of premium motor spirit (petrol) were Gombe (N172.5), Taraba (N162.00) &Adamawa & Borno (160).
  • States with the lowest average price of premium motor spirit (petrol) were Abuja, Delta, Ekiti, Katsina, Ogun, Lagos and Osun (N145.3), Ondo (N145.31) and Edo & Oyo (N145.33)

Click Here to Download May 2017 Average PMS Price Watch (PDF) Report

Automotive Gas Oil (Diesel)

  • Average price paid by consumers for automotive gas oil (diesel) decreased by 5.65% month-on-month and increased by 45.35% year-on-year to N216.30 in May 2017 from N229.25 in April 2017.
  • States with the highest average price of diesel were Adamawa (N236.67), Niger (N236.43) & Sokoto (255.71).
  • States with the lowest average price of diesel were Gombe & Yobe (N200.00), Delta (N200.83) and Anambra (N200.56).

     Click Here to Download May 2017 Average Automotive Gas Oil (Diesel) Price Watch (PDF) Report

Household Kerosene

  • Average price per litre paid by consumers for National Household Kerosene increased by 8.01% month-on-month and by 30.49%year-on-year to N303.29 in May 2017 from N280.80 in April 2017.
  • States with the highest average price per litre of kerosene were Anambra (N334.52), Kwara (N323.81) & Bauchi (321.67).
  • States with the lowest average price per litre of kerosene were Osun (N273.96), Oyo (N271.15) and Sokoto (N261.90).
  • Similarly, average price per gallon paid by consumers for National Household Kerosene decreased by 10.10% month-on-month and increased by 45.11% year-on-year to N1,036.71 in May 2017 from N1,153.12 in April 2017.
  • States with the highest average price per gallon of kerosene were Adamawa (N1,212.50), Borno (N1,208.33) & Sokoto (1,157.14).
  • States with the lowest average price per litre of kerosene were Akwa Ibom (N920.42), Anambra (N915.77) and Abuja (N902.00).

    Click Here to Download May 2017 Average Kerosene Price Watch (PDF) Report

Liquefied Petroleum Gas (Cooking Gas)

  • Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 0.75% month-on-month and increased by 31.96% year-on-year to N2,446.57 in May 2017 from N2,424.38 in April 2017.
  • States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas(Cooking Gas) were Gombe (N2,600.00), Akwa Ibom (N2,590)&Rivers(2,585.00).
  • States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas(Cooking Gas) were Kaduna,Kano, Katsina, Ogun and Sokoto (N2,300), Ondo (N2,294.44) and Osun (N2,268.75).
  • Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 2.64% month-on-month and by 33.11% year-on-year to N4,957.88 in May 2017 from N4,830.22 in April 2017.
  • States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Kebbi (N5,375), Cross River(N5,330) & Borno (5,300).
  • States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Lagos (N4,621),Oyo (N4,615) and Katsina (N4,600).

    Click Here to Download May 2017 Average Cooking Price Watch (PDF) Report

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