Cooking gas price drops marginal nationwide in one month — NBS

Cooking gas price drops marginal nationwide in one month — NBS

The average price for the refilling of a 5kg cylinder of Liquefied Petroleum Gas, LPG, popularly known as cooking gas drops to N1,971.34 in July from N1973.95 in June, the National Bureau of Statistics, NBS, has said.

The development was contained in the Liquefied Petroleum Gas Price Watch (July 2020) released by the statistician agency on Tuesday.

The NBS stated that the decrease is by 0.13 per cent month-on-month and by -2.64 per cent year-on-year.

Also, states with the highest average price for the refilling of a 5kg cylinder of cooking gas were Bauchi with N2,485.80, Borno with N2,390.14 and Adamawa with N2,384.21.

However, states with the lowest average price were Ebonyi with N1,703.32, Jigawa with N1,616.67 and Imo with N1,611.11.

READ ALSO: ExxonMobil, Total, Shell, others flare N9.2bn gas in one month

Similarly, the average price for the refilling of a 12.5kg cylinder cooking gas decreased to N4,126.82 in July from N4,139.18 in June.

The decrease is by -0.30 per cent month-on-month and by -2.12 per cent year-on-year.

Furthermore, states with the highest average price for the refilling of a 12.5kg cylinder for cooking gas were Akwa Ibom with N4,634.39, Cross River with N4,592.11 and Bayelsa with N4,568.18.

Also, states with the lowest average price for the refilling of the same were Kano with N3,680, Oyo with N3,687.50 and Kaduna with N3,754.29.

Price of petrol

In another report, 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.
States with the highest average price of premium motor spirit (petrol) were Adamawa/Imo (N145.00), Abia (N144.93) and Enugu (N144.80).
States with the lowest average price of premium motor spirit (petrol) were Ogun (N140.30), Kwara (N140.50) and Gombe (N142.57).
Price of Kerosene

In a related report, the average price per litre paid by consumers for National Household Kerosene increased to N335.54 in July from N334.08 in June.

The increase is by 0.44 per cent month-on-month and by 6.17 per cent year-on-year.

READ ALSO: Petrol scarcity looms as filling stations adjust pump price to N147.47/L

The report by the NBS is titled: “National Household Kerosene Price Watch (July 2020).”

States with the highest average price per litre of kerosene were Taraba with N389.58, Sokoto with N386.60 and Edo with N384.52.

Also, states with the lowest average price per  litre of kerosene were Bayelsa with N250.95, Rivers with N270.82 and Zamfara with N277.27.

Similarly, the average price per gallon paid by consumers for kerosene increased to N1,207.43 in July from N1,202.04 in June.

The increase is by 0.45 per cent month-on-month and decreased by -0.31 per cent year-on-year.

States with the highest average price per gallon of kerosene were Kebbi with N1,392.14, Borno with N1,380.60 and Plateau with N1,340.

Furthermore, states with the lowest average price per gallon were Osun with N1,005.42, Anambra with N1,053.93 and Delta with N1,072.50.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.