Samuel Bello, Abuja
The National Bureau of Statistics (NBS) has said that the average price of Premium Motor Spirit (PMS), otherwise known as petrol, increased by 17.10 percent year-on-year in December 2017.
It also stated that average price also increased by 17.98 percent month-on-month to N171.8 in December 2017 from N145.6 in November 2017.
The Bureau disclosed this in its Premium Motor Spirit (Petrol) Price Watch and National Household Kerosene price watch for December.
According to the stats office, states with the highest average price of premium motor spirit (petrol) were Abia (N220.4), Kebbi (N210.08) and Anambra (N210).
It reported further that states with the lowest average price of premium motor spirit (petrol were Ekiti (N146), Abuja FCT (N146.53) and Lagos (N149.83).
The stats office also stated that the average price paid by consumer for automotive gas oil (diesel) increased by 3.29 percent month-on-month and by 4.87% year-on-year to N205.81 in December 2017 from N199.26 in November 2017.
“States with the highest average price of diesel were Kaduna (N250.63), Adamawa (N235) and Taraba (N227). States with the lowest avaerage price of diesel were Bayelsa (N184), Akwa Ibom (N187.78) and Zamfara (190).
The Bureau stated further that average price per litre paid by consumers for National Household Kerosene, increased by 6.32 percent month-on month and 22.50 percent year-on-year to N284.03 in November 2017 from N267.14 in November 2017.
“States with the highest average price per litre of kerosene were Zamfara (N250), Yobe (N270) and Taraba (N266.67).
“Similarly, the average price per gallon paid by consumers for National Household Kerosene decreased by -0.32 percent month-on-month and increased 1.59% year-on-year to N1,048,97 in December 2017 from N1,052.33 in November 2017.
It reported that “states with the highest average price per gallon of Kerosene were Adamawa (N1,196.00), Enugu (N1,165.00) and Gombe (N1,157.14). States with the lowest average price per litre of kerosene were Rivers (N907.89), Kwara (N926.25) and Abuja (N952.50).
The stats office stated further that the average price for refilling of 5kg cylinder for liquified petroleum gas (cooking gas) decreased by -4.84 percent month-on-month and increased by 13.02 percent Year-on-Year to N2,262.79 in December 2017 from N2,377.81 in November 2017.
“States with the highest average price for the refilling of a 5kg cylinder for liquified petroleum gas were Benue (N2,666.67), Oyo (N2,664.29) and Taraba (N2,093.75)
“States with the lowest average price for the refilling of a 5kg cylinder for liquified petroleum gas were Plateau (N2,060.00), Ekiti (N2,062.50) and Cross River (N2,093.75)
Similarly, the the bureau added that average price for the refilling of a 12.5kg cylinder for liquified petroleum gas decreased by -1.97 percent month-on-month and increase by 9.36 percent Year-on-Year to N4,452.83 in December 2017 from N4,542.30
“States with the highest average price for the refilling of a 12.5kg cylinder for liquified petroleum gas were cross river (N4,800), Imo (N4771.43) and Abia (N4,677.78). States with the lowest average price for the refilling of a 12kg cylinder for liquified petroleum gas were Osun (N4,200), Yobe ((N4,200) and Osun (N4,196.88),” NBS stated.