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Home » Price Of Cooking Gas, Kerosene Increase In March – NBS

Price Of Cooking Gas, Kerosene Increase In March – NBS

by Joshua
April 19, 2021
in Oil and Gas

Average price for refilling a 5kg cylinder of cooking gas increased to N2, 057.71 in March from N2, 018.91 in February, according to the National Bureau of Statistics (NBS).

The figure is contained in the NBS “Liquefied Petroleum Gas (Cooking Gas) Price Watch’’ for March 2021 obtained from its website by the News Agency of Nigeria (NAN) on Wednesday in Abuja.

It said the price for the refilling of a 5kg cylinder for cooking gas increased by 1.92 per cent month-on-month and by 3.87 per cent year-on-year in the period under review.

According to it, states with the highest average price for the refilling of a 5kg cylinder of cooking gas are Bauchi, N2,487.46, Borno N2,397.56 and Adamawa N2,397.37.

It, however, said that states with the lowest average price for the refilling of a 5kg cylinder for cooking gas were Jigawa N1,717, Abuja N1,800.98 and Kaduna N1,825.86.

“Similarly, average price for the refilling of a 12.5kg cylinder for cooking gas decreased by -0.10 per cent month-on-month and increased by 4.26 per cent year-on-year to N4, 359.23 in March from N4, 363.51 in February.

“States with the highest average price for the refilling of a 12.5kg cylinder cooking gas were Cross River N4, 762.65, Sokoto N4, 750 and Edo N4, 728.57.

“States with the lowest average price for the refilling of a 12.5kg cylinder for cooking gas were Zamfara N3, 749.06, Kaduna N3, 751.27 and Katsina N3, 845.04.”

The NBS said the various prices were collected across all the 774 Local Governments and the Federal Capital Territory (FCT), from more than 10,000 respondents and locations.

It said its audit team conducted randomly selected verification of prices recorded.

Similarly, the NBS said that, the average price per litre paid by consumers for National Household Kerosene increased to N361.29 in March from N355.8 in February.

The bureau said this in its “National Household Kerosene Price Watch (March 2021)’’ obtained from its website in Abuja.

The NBS said the price of kerosene increased by 1.54 per cent month-on-month and by 8.12 per cent year-on-year in the period under review.

It said that states with the highest average price per litre of kerosene were Taraba at N466.67, Ebonyi N450 and Benue N448.15.

However, Bayelsa at N250, Yobe N296.43 and Katsina at N318.33 paid the lowest average price per litre for kerosene in March

“Similarly, average price per gallon paid by consumers for kerosene increased by 1.86 per cent month-on-month and by 1.78 per cent year-on-year to N1, 236.86 in March from N1, 214.24 in February.

“States with the highest average price per gallon of kerosene were Katsina N1,631.82, Kebbi N1, 592.31 and Kano N1, 440.

“States with the lowest average price per gallon of kerosene were Bayelsa N907.27, Delta N958.96 and Rivers N987.22.”

The NBS said that in arriving at the report, field work was done by more than 700 of its staff in all states of the federation supported by supervisors who were monitored by internal and external observers.

It said the NBS audit team subsequently conducted randomly selected verification of the prices recorded.


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