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Again, average price of kerosene, cooking gas increases in June —NBS

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National Bureau of Statistics (NBS) has revealed that the average price per litre of National Household Kerosene paid by customers climbed to N370.29 in June from N363.50 in May.

This is a 1.87 percent month-on-month increase and a 10.84 year on year when compared to the price from June 2020.

The bureau said this in its ‘National Household Kerosene Price Watch (June 2021) published on its website.

According to the NBS, Taraba had the highest average price per litre of kerosene at N488.33, Ebonyi had N478.33, and Enugu had N465.69.

However, 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 per cent month-on-month and increased by 4.42 per cent year-on-year to N1,255.15 in June from N1,266.99 in May.

“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 refilling a five kilogram (5kg) cylinder of Liquefied Petroleum Gas, often known as Cooking Gas, fell by 0.15 per cent month on month but rose by 4.80 per cent year on year to N2,068.69 in June from N2,071.69 in May.

Read also: Nigeria’s GDP increased by 0.51% in Q1 2021 – NBS

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 per cent month-on-month and by 3.62 per cent 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.”

On its methodology, NBS said that fieldwork 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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