Prices of Kerosene, Cooking Gas soar in October-NBS

By Etuka Sunday

National Bureau of Statistics (NBS) in its October Report said, price of Kerosene has increased by 3.39% to N273.44 in October 2017 from N264.48 in September 2017, even as it said, that the price of Liquefied Petroleum Gas (Cooking Gas) increased by 24.20% to N2,374.07 in October 2017 from N1,911.44 in September 2017.
The report said: “average price per litre paid by consumers for National Household Kerosene increased by 3.39% month-on-month and decreased by -6.59% year-on-year to N273.44 in October 2017 from N264.48 in September 2017.
“States with the highest average price per litre of kerosene were Oyo (N324.76), Borno (N323.61) and Rivers (N320.37).
“States with the lowest average price per litre of kerosene were Osun (N233.33), Ondo (N237.50) and Enugu (N237.78).”
Similarly, it said: “average price per gallon paid by consumers for National Household Kerosene increased by 6.31% month-on-month and by 8.34% year-on-year to N1,035.12 in October 2017 from N973.72 in September 2017 States with the highest average price per gallon of kerosene were Adamawa (N1,185.83), Benue (N1,175.00) & Ondo (N1,160.00).
“States with the lowest average price per litre of kerosene were Lagos (N912.11), Sokoto (N918.33) and Anambra (N927.00).”
Meanwhile, the Bureau said: “average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 24.20% month-on-month and 14.86% year-on-year to N2,374.07 in October 2017 from N1,911.44 in September 2017.
“States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Bauchi & Osun (N2,500.00), Yobe (N2,433.33) and Katsina (N2,412.50).
“States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Taraba & Oyo (N2,200.00), Sokoto & Ebonyi (N2,300.00) and Benue (N2,328.57). Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -2.60% month-on-month and -3.40% year-on-year to N4,561.14 in October 2017 from N3,937.71 in September 2017.
“States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Sokoto (N4,766.67), Abia (N4,712.50) and Anambra (N4,692.31). States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Nasarawa (N4,359.38), Kano & Bayelsa (N4,400) and Kebbi (N4,420.00),” the report said.