September 19, 2020

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Edo - Sokoto And Taraba Has Recorded Highest Prices of Kerosene

Edo – Sokoto And Taraba Has Recorded Highest Prices of Kerosene

Edo - Sokoto And Taraba Has Recorded Highest Prices of Kerosene

Taraba, Sokoto and Edo recorded the average highest prices of sale of kerosene in July 2020, selling it for N89. 58, Sokoto N386.60 and N386. 52 per litre respectively.

In the period under review, States with the lowest average price per litre of kerosene were Bayelsa (N250.95); Rivers (N270.82) and Zamfara (N277.27).

The National Bureau of Statistics (NBS ) disclosed this in its National Household Kerosene Price Watch (July 2020) on Tuesday.

The report said the average price per litre paid by consumers for kerosene increased by 0.44 per cent on month-on-month basis and by 6.17 per cent year-on-year to N334.08 in July 2020 from N334.08 in June 2020.

NBS also said the “average price paid by consumers for premium motor spirit (petrol) decreased by -0.97% year-on-year and increased month-on-month by 11.44% to N143.63 in July 2020 from N128.88 in June 2020.

It added that States with the highest average price of premium motor spirit (petrol) were Adamawa/Imo (N145.00), Abia (N144.93) and Enugu (N144.80).”

The report said States with the lowest average price of premium motor spirit (petrol) were Ogun (N140.30), Kwara (N140.50) and Gombe (N142.57).

It said average price paid by consumers for premium motor spirit (petrol) decreased by -0.97 per cent year-on-year and increased month-on-month by 11.4per cent to N143.63 in July 2020 from N128.88 in June 2020.

In terms of Liquefied Petroleum Gas (Cooking Gas), NBS said Statistics said states with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Akwa Ibom (N4,634.39), Cross River (N4,592.11) and Bayelsa (N4,568.18).

Edo - Sokoto And Taraba Has Recorded Highest Prices of Kerosene

According to the report, States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Ebonyi (N1,703.32), Jigawa (N1,616.67) and Imo (N1,611.11).

In the period under review, “States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Kano (N3,680.00), Oyo (N3,687.50) and Kaduna (N3,754.29).

“Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by –
0.13% month-on-month and by -2.64% year-on-year to N1,971.34 in July 2020 from N1973.95 in June 2020.

“Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas)
decreased by -0.30% month-on-month and by -2.12% year-on-year to N4,126.82 in July 2020 from
N4,139.18 in June 2020.

States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Bauchi (N2,485.80), Borno (N2,390.14) and Adamawa (N2,384.21).

Edo - Sokoto And Taraba Has Recorded Highest Prices of Kerosene