The average price paid by Nigerians for premium motor spirit (petrol) in January 2021 was N164.09, however in Lagos, Borno, and Ekiti States, consumers paid less.
Disclosing this in a report released today by the National Bureau of Statistics, NBS, the general price for petrol decreased by -0.97% in January 2021 to N164.09 from N165.70 in December 2020.
“Average price paid by consumers for premium motor spirit (petrol) increased by 12.88% year-on-year and decreased month-on-month by -0.97% to N164.09 in January 2021 from N165.70 in December 2020.
“States with the highest average price of premium motor spirit (petrol) were Abia (N173.75), Adamawa (N166.25) and Gombe (N165.83).
“States with the lowest average price of premium motor spirit (petrol) were Lagos (N160.75), Borno (N162.00) and Ekiti (N162.21).” It stated.
For automotive gas oil (diesel), NBS said the average price paid by consumers decreased by 2.14 percent YoY to N224.86 in January 2021 from N229.78 paid in the corresponding period last year.
“States with the highest average price of diesel were Adamawa (N268.33), Zamfara (N262.78) and Kebbi (N257.50); while states with the lowest average price of diesel were Osun (N194.60), Anambra (N195.83) and Enugu (N198.24),” the bureau said.
Likewise for the average price per gallon paid by consumers for kerosene, NBS said it decreased by 2.21 percent YoY to N1,191.13 in January 2021 from N1,218.09 in January 2020.
However, the average price per litre paid by consumers for kerosene increased by 8.32 percent YoY to N350.55 in January 2021 against the N323.66 paid in the corresponding year.