Petroleum prices: Petrol remains steady as kerosene, diesel climb

Date:

Reading time: 1 Minute

The Average price paid by consumers for premium motor spirit, PMS, popularly known as petrol, remains steady, as the price of kerosene, diesel others increased in the month of March 2019.

According to the National Bureau of Statistic, NBS, Petrol Price Watch report, the average price paid by consumers for petrol decreased by -11.1percent year-on-year and 0.00 per cent month-on-month to N145.30 in March 2019.

The report noted that Oyo, Plateau and Taraba were states with the highest average price of petrol at N146.50, N146.55 and N150.55 respectively.

States with the lowest average price of petrol were Ogun (N143.06), Imo (N143.18) and Ekiti (N143.47).

The agency in another report on National Household Kerosene stated that “Average price per litre paid by consumers for the product decreased by -0.49 per cent month-on-month and increased by 12.99 per cent year-on-year to N303.94 in March 2019 from N305.44 in February 2019.

“States with the highest average price per litre of kerosene were Anambra (N329.09), Ebonyi (N326.83), and Ondo (N326.67). States with the lowest average price per litre of kerosene were Gombe (N255.38), Niger (N278.02) and Kaduna (N279.75).”

Similarly, the report noted that the average price per gallon paid by consumers for National Household Kerosene decreased by -1.56 per cent month-on-month and increased by 26.25 per cent year-on-year to N1190.89 in March 2019 from N1209.73 in February 2019.

“States with the highest average price per gallon of kerosene were Borno (N1357.14), Jigawa (N1283.33) and Katsina (N1278.13), while Bayelsa (N1,022.37) Kogi (N1,075.00) and Plateau (N1,090.35), are lowest.

Also, NBS stated that the average price paid by consumers for diesel increased by 1.58 per cent month-on-month and 11.02 per cent year-on-year to N229.16 in March 2019 from to N225.61 in February 2019.

States with the highest average price of diesel were Borno (N246.67), Niger (N241.88) and Imo (N240.50). States with the lowest average price of diesel were Ekiti (N203.95), Plateau (N217.00) and Rivers (N218.00).

– Advertisements –

Tropic Reporters
Tropic Reportershttps://tropicreporters.com
Tropic Reporters is an online news platform based in Nigeria that focuses on promoting journalism from the citizens' perspectives to enhance access to credible information and clarification on basic issues and topics affecting the growth and development of our communities and other parts of Africa and the world in general. For advertisment tropicreporters@gmail.com WhatsApp/Telegram: 07066518087

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Senator Adeola Yayi Condole with Ifoyintedo Community over Monarch’s Death

  Ogun West Senator, Solomon Adeola Yayi, has expressed his...

South-West Governors Address Food Shortages

  South-West governors have opted to bolster security around farms...

WHO sounds alarm on fake diabetes medication globally

  The World Health Organization (WHO) has issued a warning...

Kunle Soname Celebrates Team’s Success with Cash Rewards

  Beyond Limits Football Academy Chairman, Kunle Soname, has rewarded...