*Price of kerosene drops by 5%
*Diesel up 0.10%
OpeOluwani Akintayo
25 December 2018, Sweetcrude, Lagos — The average price paid by consumers for premium motor spirit, also known as petrol, increased by 1.3% year-on-year and 0.2% month-on-month to N147.50 in November from N147.20 this year.
Newly-released statistics by the National Bureau of Statistics, NBS, said while states with the highest average price of premium motor spirit (petrol) were Kebbi (N158.24), Kaduna (N156.75), and Taraba (N155.46), those with the lowest average price of the product were Jigawa (N144.29), Sokoto (N144.20) and Imo (N142.50).
On a flip, average price per litre paid by consumers for National Household Kerosene, NHK, decreased by 5.46% month-on-month and increased by 11.68% year-on-year to N298.32 in November 2018 from N315.56 in October 2018.
States with the highest average price per litre of kerosene were Enugu (N358.33), Jigawa (N353.13), and Ebonyi (N348.99) while states with the lowest average price per litre of kerosene were Kaduna (N268.89), Kogi (N265.24) and Kwara (N263.33).
Similarly, average price per gallon paid by consumers for NHK decreased by 2.36% month-on-month and increased by 7.17% year-on-year to N1145.21 in November 2018 from N1172.84 in October 2018.
States with the highest average price per gallon of kerosene were Jigawa (N1352.94), Ekiti (N1326.67) and Borno (N1267.25), while those with the lowest average price per gallon of kerosene were Akwa Ibom (N1022.08), Lagos (N1009.33) and Bayelsa (N1000.00).
For Liquefied Petroleum Gas, LPG, or cooking gas, average price for the refilling of a 5kg cylinder decreased by 2.82% month-on-month and 12.33% year-on-year to N2,084.74 in November 2018 from N2,145.30 in October 2018.
States with the highest average price for the refilling of a 5kg cylinder of Liquefied Petroleum Gas were Akwa Ibom (N2,350.68), Abia (N2,300.50) and Bauchi (N2,300.).
States with the lowest average price for the refilling of a 5kg cylinder of Liquefied Petroleum Gas were Lagos (N1,954.55), Kwara (N1,945.45) and Ebonyi (N1,908.33).
Similarly, average price for the refilling of a 12.5kg cylinder of cooking gas decreased by 4.59% month-on-month and 6.61% year-on-year to N4,242.26 in November 2018 from N4,446.19 in October 2018.
States with the highest average price for the refilling of a 12.5kg cylinder of LPG were Akwa Ibom (N5,000.00), Abia (N4,618.75) and Anambra (N4,578.95). States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Osun, (N4033.33), Bauchi and Edo (N4,025.00) and Oyo (N4,000.00).
Average price paid by consumers for automotive gas oil (diesel) increased by 0.10% month-on-month and 10.18% year-on-year to N219.54 in November 2018 from to N219.33 in October 2018.
States with the highest average price of diesel were Imo (N242.11), Osun (N240.62) and Borno (N238.89), while those with the lowest average price of diesel were Kaduna (N195.50), Bayelsa (N196.82) and Kwara (N200.00).
