By Sebastine Obasi

Inhabitants of Bayelsa and Enugu states paid the highest price to buy premium motor spirit (petrol) in March, 2017, the National Bureau of Statics, NBS said.

The average price paid for petrol in the states showed that Bayelsa and Enugu tied at N161.3, while Yobe had N154.5.

The NBS report for the month of March stated that an average price paid by consumers for petrol increased by 10.1 percent year-on-year and decreased by -0.3 percent to N149.4 in March 2017 from N149.8 in February 2017. NBS noted that states with the lowest average price of petrol were Oyo (N145.7), Osun, Kwara, Kano, Gombe, Ekiti, Delta and Abuja (N145) and Ogun (N144.9).

According to the report, average price per litre paid by consumers for kerosene decreased by 11.59 percent month-on-month and increased by 39.50 percent year-on-year toN352.42 in March 2017 from N311.58 in February 2017. “States with the highest average price per litre of kerosene were Cross River (399.71), Taraba (N347.22) and Plateau (N340.48), while states with the lowest average price per litre of kerosene were Gombe (N273.81), Zamfara (N271.57) and Oyo (N267.54).

“Similarly, average price per gallon paid by consumers for kerosene decreased by 14.15 percent month-on-month and increased by 53.84 percent year-on-year to N1,172.78 in March 2017 from N1,366.08 in February 2017. States with the highest average price per gallon of kerosene were Kebbi (N1,376.92), Sokoto (N1,350) & Borno (1,338.89). States with the lowest average price per litre of kerosene were Anambra (N1,000.91), Oyo (N996.67) and Ebonyi (N967.86).”

Lowest average price of diesel

The report also stated that an average price paid by consumers for diesel decreased by 5.94 percent month-on-month and increased by 60.44 percent year-on-year to N234.55 in March 2017 from N249.38 in February 2017. The report noted that states with the highest average price of diesel were Kwara (N263.57), Kogi (N260) and Abuja (N255). While states with the lowest average price of diesel were Bayelsa (N205.56), Plateau (N209.17) and Rivers (N212.14).

On cooking gas, the report said the average price for the refilling of a 5kg cylinder decreased by 7.93 percent month-on-month and increased by 35.57 percent year-on-year to N2,493.59 in March 2017 from N2,708.38 in February 2017. “States with the highest average price for the refilling of a 5kg cylinder for cooking gas were Zamfara, Plateau and Adamawa (N2,700.00), Borno and Gombe (N2,650) and Abuja and Bayelsa (2,600). States with the lowest average price for the refilling of a 5kg cylinder were Sokoto (N2,300), Katsina (N2,278.57) and Jigawa and Kaduna (N2,250).

“Similarly, average price for the refilling of a 12.5kg cylinder decreased by 7.90 percent month-on-month and increased by 33.27 percent year-on-year to N4,923.47 in March 2017 from N5,345.87 in February 2017. States with the highest average price for the refilling of a 12.5kg cylinder were Yobe (N5,500.00), Benue (N5,250) and Sokoto (5,200.00). States with the lowest average price for the refilling of a 12.5kg cylinder were Lagos (N4,676.19), Ogun (N4,636.36) and Ebonyi and Kano (N4,650).”

On the transport fare watch for the month under review, the NBS report said Abuja, Cross River and Katsina States residents paid the highest bus journey fare within city in March. It sated that while residents of Abuja paid N262.50, people in Cross River and Katsina states paid N209.09 and N196.67 respectively. The report also stated that states with lowest bus journey fare within city were Borno (N58.00), Yobe (N60) and Enugu (N72.63) states.

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