Average Price paid by consumers on petroleum products in March increase slightly

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CBN

The National Bureau of Statistics, NBS is the main National
Average price paid by consumers for premium motor spirit (petrol) increased by 18.76% year-on-year and month-on-month by 3.87% to N172.68 in March 2021 from N166.24 in February 2021.
According to the latest report from  National Bureau of Statistic (NBS) states with the lowest average price of premium motor spirit (petrol) were Adamawa (N162.91), Taraba (N162.67) and Bauchi (N164.00). While those that have the highest average price of premium motor spirit (petrol) were Lagos (N200.87), Ebonyi  (N184.17) and Niger (N183.50).
Also average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 1.92% month-on-month and by 3.87% year-on-year to N2,057.71 in March 2021 from N2,018.91 in  February 2021.
States such as Jigawa (N1,717.00), Abuja (N1,800.98) and Kaduna (N1,825.86  recorded the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas)
States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Cross River (N4,762.65), Sokoto (N4,750.00) and Edo (N4,728.57).
Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -0.10% month-on-month and increased by 4.26% year-on-year to N4,359.23 in March 2021 from N4,363.51 in February 2021.
States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Zamfara (N3,749.06), Kaduna (N3,751.27) and Katsina (N3,845.04). However, Bauchi (N2,487.46), Borno (N2,397.56) and Adamawa (N2,397.37)recorded  the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas)
States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Jigawa (N1,717.00), Abuja (N1,800.98) and Kaduna (N1,825.86).
States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Cross River (N4,762.65), Sokoto (N4,750.00) and Edo (N4,728.57).
Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -0.10% month-on-month and increased by 4.26% year-on-year to N4,359.23 in March 2021  from N4,363.51 in February 2021.
States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Zamfara (N3,749.06), Kaduna (N3,751.27) and Katsina (N3,845.04)
Average price paid by consumers for Automotive Gas Oil (diesel) increased by 3.36% month-on-month and by 3.80% year-on-year to N235.41 in March 2021 from N227.76 in February 2021. States with the highest average price of diesel were Borno (N275.30), Benue (N264.91) and Bauchi  (N257.50).
States with the lowest average price of diesel were Plateau (N207.50), Rivers (N211.25) and Ekiti  (N215.36).

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