The Nigeria Bureau of Statistic, NBS, has disclosed in its latest report that the average prices of Automotive Gas Oil, AGO (diesel) and Liquefied Petroleum Gas, LPG, (cooking gas) decreased by 9.4 per cent and 9 per cent respectively between the first and second quarters of this year.
The price paid by consumers for diesel decreased by 9.4 percent in the period under review to N218.7 as against N241.5 in the preceding quarter of the same year.
NBS stated that, “The Average price paid by consumers for automotive gas oil (diesel) also decreased by 2.72 percent month-on-month and increased by 14.73percent year-on-year to N210.42 in June 2017 from N216.30 in May 2017.
“States with the highest average price of diesel were Kwara (N235.56) Adamawa (N227.50) and Niger (N230.00), while states with the lowest average price of diesel were Osun (N192.50), Delta (N191.25) and Anambra (N184.17), in the period.”
“The North Central Region, Kwara State had the highest average price of N235.56 for June 2017, as Plateau State recorded the least average price at N202.5. “Cross River State has the highest average price in the South South Region for June 2017 at N214; Delta State has the least average price average N191. “In the South west region, Ogun State has the highest average price in the South West Region for June 2017 while Osun State has the least average price.”
The report stated that the average price of 5kg cooking gas, decreased by 9 percent in the Q2’17, to N2363.64 as against N2589.84, while that of 12.5 kg also decreased by 9.6 percent, from N5, 259.2 in Q1’17 to N4,754.3 in the same period under review.
It disclosed that the average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by 9.43 % month-on-month and increased by 12.9% year-on-year to N2, 215.96 in June 2017 from N2, 446.57 in May 2017. The NBS report stated that, States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Kebbi and Yobe (N2,400.00), Zamfara (N2,399.18) & Adamawa (2,390.00). It indicated that States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Kaduna, and Niger (N2,000), Kogi (N2,005.00) and Oyo N2,033.33). The report further stated that, States with the highest average price for the refilling of a 12.5kg cylinder for cooking gas were Kebbi (N5,375), Cross River (N5,330) and Borno (5,300). It disclosed that States with the lowest average price for the refilling of a 12.5kg cylinder for cooking gas were Lagos (N4621), Oyo (N4, 615) and Katsina (N4, 600).
