Average kerosene price increases by 8.69% year-on-year to N352.98/litre in October – NBS

Statistics from the National Bureau of Statistics (NBS) has revealed that the average price per litre paid by consumers for National Household Kerosene increased by 1.42 per cent month-on-month and by 8.69 per cent year-on-year to N352.93 in October 2020 from N347.98 in September 2020.

States with the highest average price per litre of kerosene were Taraba (N437.50), Ebonyi (N423.81) and Benue (N410.00).

The Bureau disclosed this in its National Household Kerosene Watch of October 2020.

Bayelsa top the list of states with the lowest average price per litre of kerosene at N230.95, Rivers N285.19 and Oyo N310.00.

According to the report, average price per gallon paid by consumers for National Household Kerosene increased by 0.27 per cent month-on-month and by 1.91 per cent year-on-year to N1,233.00 in October 2020 from N1,229.66 in September 2020.

States with the highest average price per gallon of kerosene were Katsina (N1,369.23), Jigawa (N1,360.71) and Enugu (N1,359.44) said the Bureau.

In the period under review, said the report, states with the lowest average price per gallon of kerosene were Delta (N978.71), Osun (N1,005.42) and Ogun (N1,078.75).

In its “Liquefied Petroleum Gas (Cooking Gas) Price Watch – October 2020,” the NBS said average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by –

1.06 per cent month-on-month and by -0.70 per year-on-year to N1,953.71 in October 2020 from N1974.67 in September 2020.

According to the report, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -0.78 per cent month-on-month and by -0.64 per cent year-on-year to N4,078.65 in October 2020 from N4,110.92 in September 2020.

In the period under review, states with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Bauchi (N2,487.83), Borno (N2,392.77) and Adamawa (N2,367.80).

States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Enugu (N1,611.11), Jigawa (N1,678.57) and Imo (N1,693.75), said the NBS.

It added that states with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Cross River (N4,598.50), Akwa Ibom (N4,562.50) and Anambra (N4,503.14).

States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas

(Cooking Gas), according to thensure report, were Kano (N3,560.00), Oyo (N3,638.46) and Zamfara (N3,700.00).

On diesel, the NBS said “Average price paid by consumers for Automotive Gas Oil (diesel) increased by 0.05 per cent month-on-month and decreased by -2.83 per cent year-on-year to N219.80 in October 2020 from to N219.68 in September 2020.

“States with the highest average price of diesel were Borno (N255.43), Katsina (N249.29) and Kebbi (N247.14).

“States with the lowest average price of diesel were Kwara (N173.25), Anambra (N193.33) and Oyo (N198.53).”

The NBS in its “Premium Motor Spirit (Petrol) Price Watch – October 2020,” said Average price paid by consumers for premium motor spirit (petrol) increased by 10.79 per cent year-on-year and month-on-month by 0.07 per cent to N161.17 in October 2020 from N161.06 in September 2020.

States with the lowest average price of premium motor spirit (petrol) were Niger (N158.38), Sokoto (N158.57) and Delta (N159.38), in the period under review, according to the report.

It also said states with the highest average price of premium motor spirit (petrol) were Kebbi (N166.50), Yobe (N163.58) and Anambra (N163.00).