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Home Economy

Average Price Of Kerosene, Cooking Gas Increases In June- NBS

July 18, 2021
in Economy, Top Stories
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Nigeria’s total trade increases by 6.99% in Q1 – NBS

Statistician General of the Federation, Yemi Kale.

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By John Ikani

The National Bureau of Statistics (NBS) says the average price per litre paid by consumers for National Household Kerosene increased to N370.29 in June from N363.50 in May.

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In its “National Household Kerosene Price Watch (June 2021),” the bureau said that the price of kerosene increased by 1.87 per cent month-on-month and by 10.84 per cent year-on-year in the period under review.

It said that states with the highest average price per litre of kerosene were Taraba at N488.33, Ebonyi N478.33 and Enugu N465.69.

However, Bayelsa at N224.36, Katsina at N312.22 and Zamfara at N312.74 paid the lowest average price per litre for kerosene in June.

“Similarly, the average price per gallon paid by consumers for kerosene decreased by 0.93 per cent month-on-month and increased by 4.42 per cent year-on-year to N1,255.15 in June from N1,266.99 in May.

“States with the highest average price per gallon of kerosene were Jigawa at N1,407.14, Ekiti at N1,406.11 and Kaduna at N1,402.50.

“States with the lowest average price per gallon of kerosene were Bayelsa at N990, Adamawa at N1,020 and Delta at N1,082.27,” it revealed.

Meanwhile, the average price for the refilling of a five kilogramme (5kg) cylinder for Liquefied Petroleum Gas, otherwise known as Cooking Gas, decreased by 0.15 per cent month-on-month and increased by 4.80 per cent year-on-year to N2,068.69 in June from N2,071.69 in May.

The report said that states with the highest average price for refilling a five-kilogramme cylinder for cooking gas were Bauchi, whose residents paid N2,400; Anambra at N2,400 and Borno at N2,394.39.

It added that Jigawa at N1,732.55, Abuja at N1,824.81 and Lagos at N1,839.19 paid the lowest average price for refilling a five-kilogramme cylinder in June.

“Similarly, the average price for the refilling of a 12.5kg cylinder cooking gas increased by 0.002 per cent month-on-month and by 3.62 per cent year-on-year to N4,289.05 in June from N4,288.95 in May.

“States with the highest average price for refilling a 12.5kg cylinder for cooking gas were Enugu at N4,811.54, Abuja at N4,780 and Cross River at N4,650.12.

“States with the lowest average price for refilling a 12.5kg cylinder for cooking gas were Zamfara at N3,736.73, Kaduna at N3,841.43 and Imo at N3,911.85.”

The NBS said that in arriving at the report, fieldwork was done by more than 700 of its staff in all the states of the federation, supported by supervisors who were monitored by internal and external observers.

It said the NBS audit team subsequently conducted randomly selected verification of the prices recorded.

Meanwhile, in many places in Abuja, a 12.5kg cylinder for cooking gas sells at N5,000.

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