NBS says Nigerians paid more for kerosene in July


*Fuel pump dispenser nozzle.

OpeOluwani Akintayo

Lagos — Petroleum product data released by the Nigerian Bureau of Statistics, NBS for the month of August says average price per litre paid by Nigerian consumers for National Household Kerosene, NHK increased by 1.24% month-on-month and by 10.80% year-on-year to N319.94 in August 2019 from N316.03 in July 2019.

States with the highest average price per litre of kerosene were Abia (N375.55), Enugu (N365.47), and Ebonyi (N358.33).

States with the lowest average price per litre of kerosene were Abuja (N245.50), Kwara (N261.11) and Benue (N261.90).

Similarly, average price per gallon paid by consumers for the product increased by 0.19% month-on-month and by 11.92% year-on-year to N1,213.53 in August 2019 from N1,211.18 in July 2019.

While states with the highest average price per gallon of kerosene were Gombe (N1,400.00), Adamawa (N1,360.00) and Borno (N1,355.00), those with the lowest average price per gallon of kerosene was Bayelsa (N1,030.00) Akwa Ibom (N1,079.58) and Osun (N1,085.22).
5kg LPG price decreased by -1.21 percent.

Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas, LPG (Cooking Gas) decreased by -1.21% month-on-month and by -2.62% year-on-year to N2,000.34 in August 2019 from N2,024.80 in July 2019.

States with the highest average price for the refilling of a 5kg cylinder for LPG were Adamawa (N2,488.75), Bauchi (N2,468.89) and Borno (N2,391.07).

States with the lowest average price for the refilling of a 5kg cylinder of the product was Osun (N1,694.44), Enugu (N1,718.05) and Abuja (N1,739.17).

Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 0.09% month-on-month and decreased by -3.35% year-on-year to N4,220.11 in August 2019 from N4,216.29 in July 2019.

Diesel price increased by 1.8 percent
Average price paid by consumers for automotive gas oil (diesel) increased by 1.83% month-on-month and 10.14% year-on-year to N229.08 in August 2019 from to N224.96 in July 2019.

States with the highest average price of diesel were Borno (N271.00), Niger (N257.14) and Taraba (N250.75), while those with the lowest average price of the products were Yobe (N205.00), Ekiti (N206.00) and Bayelsa (N209.64).

Petrol price also increased
Average price paid by consumers for premium motor spirit (petrol) decreased by -1.0% year-on-year and increased by 0.3% month-on-month to N145.5 in August 2019 from N145.0 in July 2019.

States with the lowest average price of petrol were Katsina (N142.50), Zamfara (N144.33) and Kaduna (N144.68).

Those with the highest average price of the product were Bayelsa (N146.78), Cross River (N146.76) and Kogi (N146.75).


NBS says Nigerians paid more for kerosene in July NBS says Nigerians paid more for kerosene in July Reviewed by Crude Oil Brokers on 22:35 Rating: 5

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