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  • Updated: 3 months ago

Nigerians Paying More For Cooking Gas, Kerosene

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Oluwatosin Ogunjuyigbe

A seasoned business content writer, financial markets analyst, and tech enthusiast.

Nigerians are paying more for cooking fuels, as data retrieved from the Nigerian Bureau of Statistics (NBS) reveals that the average price of cooking gas and kerosene surged in June.

According to the National Household Kerosene Price Watch for June by NBS, the average price per litre paid by consumers for National Household Kerosene increased to N370.29 in June from N363.50 in May..

The bureau said the price of kerosene increased by 1.87 percent month-on-month and by 10.84 percent year-on-year in the period under review.

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

On the other hand, Bayelsa at N224.36, Katsina at N312.22, and Zamfara at N312.74 paid the lowest average price per litre for kerosene in June.

“Similarly, the average price per gallon paid by consumers for kerosene decreased by 0.93 percent month-on-month and increased by 4.42 percent year-on-year to N1,255.15 in June from N1,266.99 in May", the report stated.

“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, Adamawa N1,020, and Delta N1,082.27.”

Meanwhile, the average price for the refilling of a five kilogram (5kg) cylinder for Liquefied Petroleum Gas otherwise known as Cooking Gas decreased by 0.15 percent month-on-month and increased by 4.80 percent year-on-year to N2,068.69 in June from N2,071.69 in May.

The report said that states with the highest average price for refilling a 5kg cylinder for cooking gas were Bauchi whose residents paid N2,400, Anambra N2,400, and Borno N2,394.39.

It added that Jigawa at N1,732.55, Abuja at N1,824.81, and Lagos at N1,839.19 paid the lowest average price for refilling a 5kg cylinder in June.

“Similarly, the average price for the refilling of a 12.5kg cylinder cooking gas increased by 0.002 percent month-on-month and by 3.62 percent year-on-year to N4,289.05 in June from N4,288.95 in May.

“States with the highest average price for refilling a 12.5kg cylinder for cooking gas were Enugu at N4,811.54, Abuja N4,780, and Cross River N4,650.12.

“States with the lowest average price for refilling a 12.5kg cylinder for cooking gas were Zamfara at N3,736.73, Kaduna N3,841.43, and Imo N3,911.85.”

LOCAL OIL PRICES

AGO - Diesel

224.43 per litre 2.7

Last: 218.53 | Monday 07, September 2020

LPG - Propane Gas

1981.07 per litre -0.72

Last: 1995.35 | Tuesday 31, March 2020

DPK - Kerosene

334.16 per litre 2.21

Last: 326.93 | Tuesday 31, March 2020

PMS - Petrol

151.56 per litre 9.33

Last: 138.62 | Monday 07, September 2020
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