Cooking Gas, Kerosene Prices Drop In January – NBS

The average price paid by Nigerians for kerosene and cooking gas dropped in January 2021.

Separate reports released Tuesday by the National Bureau of Statistics (NBS) showed that Nigerians paid less for the two products in January than they did in December 2020.

NBS reported that that the average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -0.04% month-on-month and by -3.47% year-on-year to N1,949.02 in January 2021 from N1,949.75 in December 2020.

States with the highest average price for the refilling of a 5kg cooking gas were Bauchi (N2,480.00), Adamawa (N2,450.00) and Borno (N2,394.34).

States with the lowest average price for the refilling of a 12.5kg cylinder for cooking gas were Kaduna (N3,291.19), Zamfara (N3,565.83) and Niger (N3,675.00).

States with the highest average price for the refilling of a 12.5kg cylinder for cooking gas were Cross River (N4,791.67), Sokoto (N4,753.42) and Akwa Ibom (N4,614.49).

States with the lowest average price for the refilling of a 5kg cylinder for cooking gas were Enugu (N1,620.00), Ebonyi (N1,707.12) and Osun (N1,718.18).

Meanwhile, NBS reported that the average price per litre paid by consumers for National Household Kerosene decreased by -0.64% month-on-month and increased by 8.31% year-on-year to N350.55 in January 2021 from N352.79 in December 2020.

States with the highest average price per litre of kerosene were Benue (N441.67), Taraba (N430.00) and Lagos (N402.67).

States with the lowest average price per litre of kerosene were Bayelsa (N244.05), Rivers (N274.56) and Delta (N280.77).

Similarly, average price per gallon paid by consumers for National Household Kerosene increased by 1.32% month-on-month and decreased by -2.21% year-on-year to N1,191.13 in January 2021 from N1,175.59 in December 2020.

States with the highest average price per gallon of kerosene were Kebbi (N1,580.00), Nasarawa (N1,465.50) and Gombe (N1,435.56).

States with the lowest average price per gallon of kerosene were Bayelsa (N846.67), Rivers (N847.22) and Sokoto (N855.56).

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