Petrol, diesel, kerosene prices rise 28.49%, 8.05%, 1084% – NBS




The average price of petrol, also known as premium motor spirit, diesel, known as automotive gas oil and national household kerosene increased by 28.49 per cent, 8.05 per cent and 10.84 per cent respectively between June 2020 and June 2021, the Nigerian Bureau for Statistics (NBS) has said.

According to the NBS, average price paid by consumers for premium motor spirit (petrol) increased by 28.49 per cent year-on-year and decreased month-on-month by -1.46 per cent to N165.61 in June 2021 from N168.06 in May 2021.

States with the highest average price of premium motor spirit (petrol) were Benue (N183.29), Abia (N171.88) and Cross River (N170.50).

States with the lowest average price of premium motor spirit (petrol) were Taraba (N157.33), Borno (N160.10) and Katsina (N160.86).

Average price paid by consumers for Automotive Gas Oil (diesel) increased by 1.51 per cent month-on-month and by 8.05 per cent year-on-year to N242.43 in June 2021 from N238.82 in May 2021.

States with the highest average price of diesel were Edo (N264.18), Kwara (N261.00) and Niger (N260.00).

States with the lowest average price of diesel were Gombe (N209.00), Plateau (N218.90) and Zamfara (N221.67).

Average price per litre paid by consumers for National Household Kerosene increased by 1.87% month-on-month and by 10.84% year-on-year to N370.29 in June 2021 from N363.50 in May 2021.

States with the highest average price per litre of kerosene were Taraba (N488.33), Ebonyi (N478.33) and Enugu (N465.69).

States with the lowest average price per litre of kerosene were Bayelsa (N224.36), Katsina (N312.22) and Zamfara (N312.74).

Similarly, average price per gallon paid by consumers for National Household Kerosene decreased by -0.93 per cent month-on-month and increased by 4.42 per cent year-on-year to N1,255.15 in June 2021 from N1,266.99 in May 2021.

States with the highest average price per gallon of kerosene were Jigawa (N1,407.14), Ekiti (N1,406.11) and Kaduna (N1,402.50).

States with the lowest average price per gallon of kerosene were Bayelsa (N990.00), Adamawa (N1,020.00) and Delta (N1,068.27).

Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -0.15 per cent month-on-month and increased by 4.80 per cent year-on-year to N2,068.69 in June 2021 from N2,071.69 in May 2021.

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