Kerosene, cooking gas prices increase in August – NBS

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

A report obtained from the NBS’s website on Friday, said the kerosene price increased by 0.67% month-on-month and by 15.43% year-on-year in the period under review.

It said that States with the highest average price per litre of kerosene were Enugu, where residents bought the product at N494.05, Ebonyi, N489.17 and Cross-River, N487.50.

The Bureau, however, said that residents in Bayelsa paid the lowest price per litre of kerosene in the period at N255.56, followed by Katsina, N322.92 and Osun, N325.

Meanwhile, the average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas, (LPG), otherwise known as cooking gas, increased by 3.44% month-on-month and by 11.93% year-on-year to N2,215.33 in August, from N2,141.59 in July.

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.

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

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

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

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