Sunday, February 5, 2023
  • Login
No Result
View All Result
The News Beam
  • Home
  • News
    • Politics
    • Business & Economy
    • Sports
    • Entertainment
    • Global
  • Development
    • Health
    • Education
    • MGDs
    • Development Agencies
  • Your Community
    • CDAs
    • LGAs
    • Projects
    • Community Champions
  • The Entrepreneur
    • Street Money
    • SMEs
    • Youthprenuers
    • Agriprenuers
    • Capacity Building
  • Specials
    • Lifestyle
    • Relationships
    • Books & Arts
    • Faith
    • Teens World
    • Guest Columnists
The News Beam
  • Home
  • News
    • Politics
    • Business & Economy
    • Sports
    • Entertainment
    • Global
  • Development
    • Health
    • Education
    • MGDs
    • Development Agencies
  • Your Community
    • CDAs
    • LGAs
    • Projects
    • Community Champions
  • The Entrepreneur
    • Street Money
    • SMEs
    • Youthprenuers
    • Agriprenuers
    • Capacity Building
  • Specials
    • Lifestyle
    • Relationships
    • Books & Arts
    • Faith
    • Teens World
    • Guest Columnists
No Result
View All Result
The News Beam
Home News Business & Economy Finance

Nigerians Pay More for Petrol, Cooking Gas, in February 2021

March 22, 2021
in Finance, Business & Economy, Economy, News
Reading Time: 3 mins read
0
A A
0
Nigerians Pay More for Petrol, Cooking Gas, in February 2021
Share on FacebookShare on Twitter

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.

Read Also: Inflation rate hits 17.3% in February as food prices continue rise

Tags: Cooking gasDiselFebruary 2021KeroseneNBSPetrol
ShareTweetSend
Previous Post

Cricket: England to Face India in ODI series on Tuesday

Next Post

Laycon Gets YouTube Creator Award for Passing 100k Subscribers

Related Posts

REVEALED! Bank officials hiding new notes behind old notes
News

REVEALED! Bank officials hiding new notes behind old notes

February 4, 2023
44
Banks suffer 11% reduction in new loans as customers resist interest rate hike
News

Shortage of New Naira notes: Emefiele begs Nigerians, says CBN addressing supply hiccups

February 3, 2023
62
Banks suffer 11% reduction in new loans as customers resist interest rate hike
Business & Economy

New Naira Notes: CBN allows  banks to pay N20k per day over-the-counter

February 2, 2023
41
New Naira Notes: Emefiele blames banks for scarcity, abuse at parties
Finance

New Naira Notes: Emefiele blames  banks for scarcity, abuse at parties

January 31, 2023
36
Delia Ferreira Rubio, Transparency International Chairperson
News

Corruption: Nigeria ranks 150 out of 180 countries

January 31, 2023
33
INEC
News

Fuel scarcity could affect 2023 election logistics-INEC warns

January 31, 2023
29
Next Post
Laycon Gets YouTube Creator Award for Passing 100k Subscribers

Laycon Gets YouTube Creator Award for Passing 100k Subscribers

Forex Alert: Naira Depreciates by 13 Kobo to N410.13/$ in I & E Window

Forex Alert: Naira Depreciates by 13 Kobo to N410.13/$ in I & E Window

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

  • Trending
  • Comments
  • Latest
How to Apply for the N25 Billion Youth Investment Fund of the Federal Govt

How to Apply for the N25 Billion Youth Investment Fund of the Federal Govt

October 16, 2020
Covid-19: See List of Vaccination Centers in Lagos State

Covid-19: See List of Vaccination Centers in Lagos State

August 19, 2021
Banks suffer 11% reduction in new loans as customers resist interest rate hike

CBN reveals 9 Business Categories that recorded Increased Activity This Month

9
BREAKING ! How Hurriedly installed Application Saved Central Bank of Nigeria website from 'Anonymous' hack

BREAKING ! How Hurriedly installed Application Saved Central Bank of Nigeria website from ‘Anonymous’ hack

7
REVEALED! Bank officials hiding new notes behind old notes

REVEALED! Bank officials hiding new notes behind old notes

February 4, 2023
Banks suffer 11% reduction in new loans as customers resist interest rate hike

Shortage of New Naira notes: Emefiele begs Nigerians, says CBN addressing supply hiccups

February 3, 2023

Categories

  • Agriprenuers (12)
  • Books & Arts (7)
  • Business & Economy (436)
  • Capacity Building (25)
  • CDAs (2)
  • Community Champions (1)
  • Crime (196)
  • DEVELOPMENT (74)
  • Development Agencies (109)
  • Economy (318)
  • Education (192)
  • Entertainment (405)
  • Faith (55)
  • Finance (339)
  • Global (103)
  • Guest Columnists (17)
  • Health (56)
  • Health (242)
  • Industry (149)
  • LGAs (1)
  • Lifestyle (98)
  • MGDs (10)
  • News (2,298)
  • Politics (374)
  • Projects (2)
  • Relationships (70)
  • Security (164)
  • SMEs (15)
  • SPECIALS (87)
  • Sports (311)
  • Street Money (9)
  • Tech (138)
  • Teens World (3)
  • The Entrepreneur (26)
  • Uncategorized (70)
  • Your Community (33)
  • Youthprenuers (14)
No Result
View All Result
News
Politics
Business & Economy
Sports
Entertainment
Global

Development

Health
Education
MGDs
Development Agencies

Your Community

CDAs
LGAs
Projects
Community Champions

The Entrepreneur

Street Money
SMEs
Youthprenuers
Agriprenuers
Capacity Building

Specials

Lifestyle
Relationships
Books & Arts
Faith
Teens World
Guest Columnists

Follow Us

  • About Us
  • Contact Us
  • Terms of Usage
  • Privacy Policy
  • Advert Rates
  • Newsletters
  • Resources
  • Submit a Story
No Result
View All Result
  • Home
  • News
    • Politics
    • Business & Economy
    • Sports
    • Entertainment
    • Global
  • Development
    • Health
    • Education
    • MGDs
    • Development Agencies
  • Your Community
    • CDAs
    • LGAs
    • Projects
    • Community Champions
  • The Entrepreneur
    • Street Money
    • SMEs
    • Youthprenuers
    • Agriprenuers
    • Capacity Building
  • Specials
    • Lifestyle
    • Relationships
    • Books & Arts
    • Faith
    • Teens World
    • Guest Columnists
  • Login

© 2020 The News Beam is the highest circulated and most read newspaper in Nigeria. The online portal of The News Beam is the most visited website in the world.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Subscribe With The News Beam