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Prices kerosene, cooking gas plunged in March – NBS

The National Bureau of Statistics (NBS) has releases two reports for the month of March, 2018 on Thursday showing prices of kerosene and cooking gas plunged.

The report showed that average price per litre paid by consumers for National Household Kerosene decreased by -6.79 per cent month-on-month and -13.66 per cent year-on-year to N268.99 in March 2018 from N288.57 in February 2018.

The breakdown showed that states with the highest average price per litre of kerosene were Nasarawa (N306.07), Yobe (N300.78) and Cross River (N300.68) while states with the lowest average price per litre of kerosene were Abia (N229.35), Delta (N227.77) and Borno (N225.13).

Similarly, the average price per gallon paid by consumers for National Household Kerosene decreased by -8.45 per cent month-on-month and -19.57 per cent year-on-year to N943.27 in March 2018 from N1,030.33 in February 2018.

The report showed that states with the highest average price per gallon of kerosene were Kebbi (N1105.00), Benue (N1096.67) and Jigawa (N1061.90) while states with the lowest average price per gallon of kerosene were Ebonyi (N828.57), Delta (N821.54) and Rivers (N814.08).

Meanwhile, the average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -3.03 per cent month-on-month and decreased by -16.16 per cent year-on-year to N2090.97 64 March 2018 from N2,155.97 in February 2018.

States with the highest average price for the refilling of 5kg cylinder for cooking gas were Borno (N2487.50) Yobe (N2500.00) and Bauchi (N2400.00). States with the lowest average price for refilling osame cylinder for cooking gas were Abuja (N1,760.00), Ebonyi (N1,870.00) and Ekiti (N1,895.00).

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