Residents of Lagos paid the least for Premium Motor Spirit in January, buying at an average of N160.75 per liter while Osun and Bayelsa states paid the least for diesel and kerosene respectively.
Data released by the Nigeria Bureau of Statistics reveal that average price paid by consumers for petrol increased by 12.88 per cent year-on-year and decreased month-on-month by 0.97 per cent to N164.09 in January 2021 from N165.70 in December 2020.
States with the highest average price of petrol include Abia, where residents paid N173.75, Adamawa (N166.25) and Gombe (N165.83), while Borno and Ekiti followed with N162 and N162.21 respectively.
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Average price per litre paid by consumers for kerosene decreased by 0.64 per cent month-on-month and increased by 8.31 per cent year-on-year to N350.55 in January 2021 from N352.79 in December 2020.
Residents of Benue, Taraba and Lagos paid the highest for kerosene last month, at N441.67, N430 and N402.67 per litre respectively. States with the lowest average price of kerosene were Bayelsa (N244.05), Rivers (N274.56) and Delta (N280.77).
Meanwhile, average price for the refilling of a 12.5kg cylinder of cooking gas increased by 0.56 per cent month-on-month and decreased by -0.06 per cent year-on-year to N4,177.55 in January 2021 from N4,154.28 in December 2020.
States with the lowest average price for the refilling of a 12.5kg cylinder of cooking gas were Kaduna (N3,291.19), Zamfara (N3,565.83) and Niger (N3,675.00), while Cross River paid N4,791.67, Sokoto (N4,753.42) and Akwa Ibom (N4,614.49).
Average price paid by consumers for diesel increased by 0.22 per cent month-on-month and decreased by 2.14 per cent year-on-year to N224.86 in January 2021 from to N224.37 in December 2020.
States with the highest average price of diesel were Adamawa (N268.33), Zamfara (N262.78) and Kebbi (N257.50). Osun (N194.60), Anambra (N195.83) and Enugu (N198.24) paid the least.
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