The Year-on-Year increase in petrol, disel, kerosene, and cooking gas reported by the National Bureau of Statistics, NBS, has caused Nigerians intense pain as they pay more for these commodities in February 2021.
According to the report by NBS, “The average price paid by consumers for premium motor spirit (petrol) increased by 14.32% year-on-year and month-on-month by 1.31% to N166.24 in February 2021 from N164.09 in January 2021.
“States with the highest average price of premium motor spirit (petrol) were Abia (N180.00), Kogi (N175.82) and Kebbi (N173.07).
“States with the lowest average price of premium motor spirit (petrol) were Osun (N162.91), Nassarawa (N163.08) and Katsina (N163.25).”
Similarly, Nigerians pay more for disel as the Automotive Gas Oil increased by 1.29% year-on-year in February 2021.
“Average price paid by consumers for Automotive Gas Oil (diesel) increased by 1.29% month-on-month and by 0.67% year-on-year to N227.76 in February 2021 from to N224.86 in January 2021.
“States with the highest average price of diesel were Zamfara (N268.78), Adamawa (N263.33) and Kebbi (N257.50).
“States with the lowest average price of diesel were Osun (N206.50), Ekiti (N207.86) and Plateau (N208.57).” NBS stated.
Kerosene also saw an upward trend in price as the average price per litre paid by consumers for National Household Kerosene increased by 1.50% month-on-month and by 8.83% year-on-year to N355.80 in February 2021 from N350.55 in January 2021.
“States with the highest average price per litre of kerosene were Taraba (N448.33), Benue (N447.50) and Ebonyi (N435.00).
“States with the lowest average price per litre of kerosene were Bayelsa (N206.94), Yobe (N297.28) and Zamfara (N305.13).
“Similarly, average price per gallon paid by consumers for National Household Kerosene increased by 1.94% month-on-month and decreased by -0.76% year-on-year to N1,214.24 in February 2021 from N1,191.13 in January 2021.
“States with the highest average price per gallon of kerosene were Kebbi (N1,660.00), Katsina (N1,561.38) and Nassarawa (N1,428.57).
“States with the lowest average price per gallon of kerosene were Bayelsa (N792.22), Adamawa (N968.00) and Delta (N1,016.79).” NBS also reported.
In addition, the average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 3.59% month-on-month and by 1.18% year-on-year to N2,018.91 in February 2021 from N1,949.02 in January 2021.
“States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Bauchi (N2,487.46), Adamawa (N2,396.99) and Borno (N2,396.22).
“States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Ebonyi (N1,756.25), Kogi (N1,775.00) and Jigawa (N1,795.00).
“Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 4.45% month-on-month and by 4.38% year-on-year to N4,363.51 in February 2021 from N4,177.55 in January 2021.
“States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Sokoto (N4,884.04), Cross River (N4,853.57) and Bauchi (N4,682.50).
“States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Zamfara (N3,754.25), Kaduna (N3,858.33) and Katsina (N3,988.99).” NBS reported.
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