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Kerosene price increases, as Petrol price averages N147 across Nigeria

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Data released by the National Bureau of Statistics (NBS) on Friday showed that N147.20 was the average price paid by consumers of premium motor spirit (petrol) across Nigeria in the month of October.

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TheNewsGuru (TNG) reports the average price of petrol increased by 0.8% year-on-year and decreased by -0.1% month-on-month to N147.20 in October 2018 from N147.30 in September 2018, according to the NBS Premium Motor Spirit (Petrol) Price Watch (October 2018).

States that recorded the highest average price of petrol were Kebbi (N155.24), Benue (N153.33) and Taraba (N153.00), and States with the lowest average price of petrol were Katsina (N144.45), Jigawa (N144.29) and Sokoto (N144.20).

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Also, according to the NBS, the average price per litre paid by consumers for National Household Kerosene increased by 3.35% month-on-month and 12.36% year-on-year to N307.23 in October 2018 from N297.28 in September 2018.

States with the highest average price per litre of kerosene were Ogun (N346.30), Enugu (N348.33), and Abuja (N360.67), and States with the lowest average price per litre of kerosene were Kogi (N261.11), Abia (N248.08) and Borno (N240.44).

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Similarly, average price per gallon paid by consumers for National Household Kerosene increased by 12.00% month-on-month and by 2.86% year-on-year to N1159.33 in October 2018 from N1127.05 in September 2018.

States with the highest average price per gallon of kerosene were Katsina (N1273.33), Ekiti (N1277.78) & Ebonyi (N1279.38), and States with the lowest average price per gallon of kerosene were Delta (N1035.15), Yobe (N1050.0) and Akwa Ibom (N1066.36).

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For automotive gas oil (Diesel), the NBS reported that the average price paid by consumers increased by 2.42% month-on-month and 7.33% year-on-year to N216.75 in October 2018 from to N211.64 in September 2018.

States with the highest average price of diesel were Lagos (N238.55), Oyo (N231.32) and Sokoto (N231.25), and States with the lowest average price of diesel were Bayelsa (N189.44), Zamfara (N200.71) and Plateau (N203.93).

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Liquefied petroleum gas (Cooking Gas) Price Watch (October 2018) showed that the average price for the refilling of a 5kg cylinder increased by 1.79% month-on-month and decreased by -9.64% year-on-year to N2,145.30 in October 2018 from N2,107.48 in September 2018.

States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Bauchi (N2,550.00), Gombe (N2,500.00) and Borno (N2,488.89), and States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Enugu (N1,918.18), Ebonyi (N1,916.67) and Kwara (N1,900.00).

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Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by1.40% month-on-month and decreased by -2.71% year-on-year to N4,437.54 in October 2018 from N4,376.19 in September 2018.

States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Akwa Ibom (N5,150.00), Anambra (N4,861.54) and Borno (N4,785.71).

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States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Oyo, (N4198.53), Yobe (N4,115.81) and Zamfara & Kebbi (N4,100.00)

 

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