Kunle Kalejaye
15 February 2017, Sweetcrude, Lagos — The average price for the refilling a 5kg cylinder of Liquefied Petroleum Gas, LPG, also known as cooking gas has increased by 28.24 percent year-on-year and 39.39 percent month-on-month to N2, 567.56 in January 2017 from N2,002.16 in December 2016 according to the National Bureau of Statistic, NBS.
NBS in a recently released data, disclosed that states with the highest average price for the refilling of a 5kg cylinder of LPG were Abuja (N2, 800.00), Kano (N2,750.00) & Oyo (2,700.00) while states with the lowest average price for the refilling of a 5kg cylinder of the product are Borno (N2,511.11), Akwa Ibom (N2,520.00) and Bauchi, Benue, Edo, Ekiti, Gombe, Jigawa, Osun, Yobe and Zamfara (N2,500.00)
For Dual Purpose Kerosene, DPK, the average price per litre paid by consumers for National Household increased by 87.12 percent year-on-year and 93.19 percent month-on-month to N433.84 in January 2017 from N231.85 in December 2016.
NBS revealed that the states with the highest average price per litre of kerosene were Sokoto (N647.62), Niger (N625.00) and Edo (560.19) while states with the lowest average price per litre of kerosene were Ogun (N324.44), Zamfara (N300.00) and Plateau (N270.00).
The average price paid by consumers for Automotive Gas Oil, AGO also known as diesel increased by 22.56 percent year-on-year and 50.06 percent month-on-month to N240.52 in January 2017 from N196.20 in December 2016.
According to NBS, states with the highest average price of diesel were Abuja & Bayelsa (N270), Delta (N256.77) & Cross River (256.36) while states with the lowest average price of diesel were Enugu (N230.78), Adamawa (N230.50) and Lagos, Oyo, Taraba (N230).
NBS also revealed that the average price paid by consumers for Premium motor Spirit (petrol) increased by 35.7 percent year-on-year and 1.35 percent month-on-month to N148.7 in January 2017 from N146.7 in December 2016.
States with the highest average price of PMS according to NBS were Borno (N164.09), Oyo (N161.00) & Ebonyi (156.47) while states with the lowest average price of premium motor spirit (petrol) were Kogi (N144.67), Ekiti & Imo (N144.64) and Abuja (N144.20).