Abia, Kwara, Kebbi Paid More For Petrol In December – NBS

BEVERLY HILLS, January 16, (THEWILL) – Residents of three states – Abia, Kwara and Kebi – paid more for premium motor spirit (petrol) in December, National Bureau of Statistics (NBS) has said.

Average price paid by consumers for the commodity across the country also increased by 14 per cent, year-on-year for the same period.

The NBS in a report entitled, “Premium Motor Spirit (Petrol) Price Watch” released Saturday disclosed that Abia recorded average price of N176.19 per litre of petrol, followed by Kwara and Kebbi with N172.43 and N169.52 per litre respectively.

Conversely, states with the lowest average price of premium motor spirit (petrol) during the period were Kaduna (N155.00), Katsina (N160.25) and Bauchi (N162.57).

“Average price paid by consumers for premium motor spirit (petrol) increased by 14.00% year-on-year and decreased month-on-month by -0.94% to N165.70 in December 2020 from N167.27 in November 2020”, the report further revealed.

The NBS also said that Nigerians paid less for cooking gas in December year-on-year inflation rate continues to rise.

According to the statistics bureau, “Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 0.12 per cent month-on-month and decreased by -3.41 per cemt year-on-year to N1,949.75 in December 2020 from N1,947.47 in November 2020.

In the report entitled “Liquefied Petroleum Gas (Cooking Gas) Price Watch”, NBS disclosed that states with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Bauchi (N2,489.12), Borno (N2,396.69) and Adamawa (N2,392.88).

On the other hand, states with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Enugu (N1,563.75), Imo (N1,678.89) and Oyo (N1,691.67).

Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 1.75 per cent month-on-month and decreased by -0.52 per cent year-on-year to N4,082.97 in December 2020 from N4,082.97 in November 2020.

Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 0.12 per cent month-on-month and decreased by -3.41 per cent year-on-year to N1,949.75 in December 2020 from N1,947.47 in November 2020.

States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Delta (N4,838.46), Cross River/Sokoto (N4,800.00) and Akwa Ibom (N4,614.49).

States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Kaduna (N3,191.67), Zamfara (N3,462.50) and Niger (N3,500.00).