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NBS: Kerosene, cooking gas prices increased in August

NBS: Kerosene, cooking gas prices increased in August
September 17
16:15 2021

The National Bureau of Statistics (NBS) says average price per litre paid by consumers for household kerosene increased to N400.01 in August from N397.34 in July.

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This is contained in the NBS report, titled: ‘National Household Kerosene Price Watch (August 2021),’ released on Friday.

According to the report, increased Kerosene increased by 0.67 percent month-on-month and by 15.43 percent year-on-year to N400.01 in August 2021 from N397.34 in July 2021.

“States with the highest average price per litre of kerosene were Enugu (N494.05), Ebonyi (N489.17) and Cross River (N487.50)..” the report reads.

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“States with the lowest average price per litre of kerosene were Bayelsa (N255.56), Katsina (N322.92) and Osun (N325.00)..”

Similarly, average price per gallon paid by consumers for national household kerosene increased by 1.75% month-on-month and by 8.77% year-on-year to (N1,325.39) in August 2021 from (N1,302.56) in July 2021.

The report further stated that the average price for the refilling of a 5kg cylinder for liquefied petroleum gas (LPG), otherwise known as cooking gas, increased by 3.44 per cent month-on-month and by 11.93 percent year-on-year to (N2,215.33) in August from (N2,141.59) in July.

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The report said that states with the highest average price for refilling a 5kg cylinder of cooking gas were Akwa Ibom, whose residents paid (N3,025.45), Benue (N2,825) and Jigawa (N2,521.43).

It added that residents in Abuja paid the lowest average price per 5kg in August at (N1,806), followed by Ondo State (N1,840.81) and Lagos State (N1,847.70).

“Similarly, average price for refilling a 12.5kg cylinder for cooking gas increased by 2.09 per cent month-on-month and by 9.14 per cent year-on-year to (N4,514.82) in August from (N4,422.32) in July.

“States with the highest average price for refilling a 12.5kg cylinder for cooking gas were Abuja at (N5,837.26), Kogi (N5,237.50) and Ogun (N5,170.83).

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“States with the lowest average price for refilling a 12.5kg cylinder for cooking gas were Niger at (N4,021.06), Kebbi (N4,042.91) and Jigawa (N4,079.26).”

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