Energy

Kerosene price rises to N290 per litre in January- NBS

By Ayobami Adedinni

The average price paid for kerosene by consumers in January increased to N288.85, data gathered from the National Bureau of Statistics, (NBS) has revealed.

The Bureau in its National Household Kerosene Price Watch (January 2018) report released yesterday said the price increased by 1.70 per cent month-on- month and decreased by 33.42 per cent year-on-year to N288.85 in January 2018 from N284.03 in December 2017.

It stated that, “average price per gallon paid by consumers for National Household Kerosene decreased by 2.30 per cent month-on-month and by 28.56 per cent year-on-year to N1,024.83 in January 2018 from N1,048.97 in December 2017.

States with the highest average price per litre of kerosene were Gombe (N332.37), Edo (N326.39) and Benue (N325.64).

States with the lowest average price per litre of kerosene were Zamfara (N237.50), Kaduna (N241.23) and Kebbi (N242.98).

States with the highest average price per gallon of kerosene were Kebbi (N1,253.33), Borno (N1,188.46) and Ekiti (N1,180.00).

States with the lowest average price per litre of kerosene were Benue (N855.00), Delta (N875.00) and Abuja (N875.30),” the report stated.

Also, the Bureau in its Liquefied Petroleum Gas (Cooking Gas) Price Watch (January 2018) released  said, “Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -3.21 per cent month-on-month and decreased by 14.70 per cent year-on-year to N2190.07 in January 2018 from N2,262.79 in December 2017.

States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Borno (N2688.89), Yobe (N2513.25), and Gombe (N2500).

States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Kebbi (N2,000.00), Plateau (N2,000.00) and Taraba (N2,000.00).

Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by 2.81 per cent month-on-month and decreased by 21.40 per cent year-on-year to N4,327.89 in January 2018 from N4,452.83 in December 2017.

States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Akwa Ibom (N4,791.67), Borno (N4,785.71) and Kogi (N4,780.00).

States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Oyo (N3750.00), Sokoto (N3750.00) and Lagos (N3,653.85),” it said.

The Bureau also stated in its Automotive Gas Oil (Diesel) Price Watch (January 2018) Average price paid by consumers for automotive gas oil (diesel) increased by 3.89 per cent month-on-month and decreased by 5.89 per cent year-on-year to N213.82 in January 2018 from N205.81 in December 2017.

States with the highest average price of diesel were Sokoto (N256.00) Kebbi (N255.45) and Taraba (N250.25). States with the lowest average price of diesel were Bayelsa (N181.67), Ondo (N183.75) and Abia (N190.56).

According to the Bureau in its Premium Motor Spirit (Petrol) Price Watch (January 2018) report, “Average price paid by consumers for premium motor spirit (petrol) increased by 28.4 per cent year-on-year and 11.1 per cent month-on-month to N 190.9 in January 2018 from N 171.8 in December 2017.

States with the highest average price of premium motor spirit (petrol) were Osun (N228.89), Abia (N227.50) &Benue (N223.33).

States with the lowest average price of premium motor spirit (petrol) were Zamfara (N159.12), Gombe (N157.73) & Kogi (N152.83),” the report by NBS noted.

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