Yobe, Anambra, Kebbi Paid Highest For Petrol In October – NBS
Consumers paid more for petrol, kerosene and diesel in the month of October 2020 as the cost of the commodities were hiked across the country, the National Bureau of Statistics has said.
Figures obtained from the bureau on Wednesday showed that the average month-on-month prices paid by consumers for petrol, kerosene and diesel increased by 0.07 per cent, 1.42 per cent and 0.05 per cent respectively.
It was, however, observed that the price of Liquified Petroleum Gas, popularly called cooking gas, dropped in October, as the average price paid for the refilling of a 5kg cylinder by customers reduced by 1.06 per cent.
In its Petrol October 2020 Price Watch, the NBS said, “Average price paid by consumers for petrol increased by 10.79 per cent year-on-year and month-on-month by 0.07 per cent to N161.17 in October 2020 from N161.06 in September 2020.
“States with the highest average price of petrol) were Kebbi (N166.50), Yobe (N163.58) and Anambra (N163.00). States with the lowest average price of petrol were Niger (N158.38), Sokoto (N158.57) and Delta (N159.38).
For National Household Kerosene, in its Price Watch for October 2020, the NBS stated that the average price per litre paid by consumers for NHK increased by 1.42 per cent month-on-month and by 8.69 per cent year-on-year to N352.93 in October from N347.98 in September.
“States with the highest average price per litre of kerosene were Taraba (N437.50), Ebonyi (N423.81) and Benue (N410.00). States with the lowest average price per litre of kerosene were Bayelsa (N230.95), Rivers (N285.19) and Oyo (N310.00),” the bureau said.
It added, “Similarly, average price per gallon paid by consumers for National Household Kerosene increased by 0.27 per cent month-on-month and by 1.91 per cent year-on-year to N1,233 in October 2020 from N1,229.66 in September 2020.
“States with the highest average price per gallon of kerosene were Katsina (N1,369.23), Jigawa (N1,360.71) and Enugu (N1,359.44). States with the lowest average price per gallon of kerosene were Delta (N978.71), Osun (N1,005.42) and Ogun (N1,078.75).”
For the price of Automotive Gas Oil (diesel) Price in October 2020, the bureau said the average price paid by consumers increased by 0.05 per month-on-month and decreased by -2.83 per cent year-on-year to N219.80 in October 2020 from to N219.68 in September 2020.
It noted that states with the highest average price of diesel were Borno (N255.43), Katsina (N249.29) and Kebbi (N247.14), while states with the lowest average price of diesel were Kwara (N173.25), Anambra (N193.33) and Oyo (N198.53).
On Liquified Petroleum Gas (cooking gas), it said the average price for the refilling of a 5kg cylinder decreased by -1.06 per cent month-on-month and by -0.70 per cent year-on-year to N1,953.71 in October 2020 from N1974.67 in September 2020.
It said, “States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas were Bauchi (N2,487.83), Borno (N2,392.77) and Adamawa (N2,367.80).
“States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas were Enugu (N1,611.11), Jigawa (N1,678.57) and Imo (N1,693.75).”