Petrol Price Rise By 28% In January, Osun, Abia, Benue Pay Highest– NBS

By Nse Anthony-Uko
(Sundiata Post) – Average price paid by consumers for Premium Motor Spirit (PMS) popularly known as petrol increased by 28.4 per cent year-on-year to N190.9 in January 2018 from N171.8 in December 2017, the National Bureau of State (NBS) said on Wednesday.
The NBS in its “Premium Motor Spirit (Petrol) Price Watch for January 2018’’ posted on its website said that residents of Osun, Abia and Benue paid the highest average price for purchase of petrol
The bureau stated that in Osun, petrol was sold for N228.89 per litre; in Abia it was N227.50 per litre, while it was N223.33 per litre in Benue.
According to the report,
It, however, stated that states with the lowest average price of petrol were Zamfara, Gombe and Kogi, adding that a litre was sold for N159.12, N157.73 and N152.83 in Zamfara, Gombe and Kogi respectively.
This showed that Nigerians bought the product more than the official pump price of N145 per litre.
Meanwhile, the NBS also stated, in its National Household Kerosene Price Watch for January 2018, that average price per litre paid by consumers for Kerosene increased by 1.70 per cent month-on-month.
The bureau stated that the price per litre paid by consumers decreased by-33.42 per cent year-on-year to N288.85 in January 2018 from N284.03 in December 2017.
It stated that states with the highest average price per litre of kerosene were Gombe (N332.37), Edo (N326.39) and Benue (N325.64).
It addition, states with the lowest average price per litre of kerosene were Zamfara (N237.50), Kaduna (N241.23) and Kebbi (N242.98).
Similarly, average price per gallon paid by consumers for the product decreased by -2.30 per cent month-on-month and by -28.56 per cent year-on-year to N1,024.83 in January 2018 from N1,048.97 in December 2017.
It stated that states with the highest average price per gallon of kerosene were Kebbi (N1,253.33), Borno (N1,188.46) and Ekiti (N1,180.00).
It also stated that states with the lowest average price per gallon of kerosene were Benue, which sold the product as N855.00 per gallon, Delta for N875.00 and Abuja for N875.30 per gallon respectively.

Related Story:  NPA Releases List Of Agencies Authorised To Operate At Ports
Sundiata Post Media Ltd.

Address: 3rd Floor Office Suite, Bayelsa State Guest House, Plot 1038, Shehu Shagari Way, Maitama, Abuja, Nigeria.
Tel: 08033083361, 08094208271, and 092900705
Whatsapp: 08053069436
BBM PIN: 5619150D
Email: info@sundiatapost.com
Website: www.sundiatapost.com

Enugu Regional Office: SW 1 New Haven Shopping Mall, Enugu, Enugu State, Nigeria.
Tel: +234(0)7062582838
https://twitter.com/sundiatapost/

London Office: 18 Belgrave Avenue, Wd18 7UE, Watford, United Kingdom.
Tel: +447417554143
Dubai Office: PAU Management Suite, Level 23 - Boulevard Plaza Tower 2, Emaar Boulevard,
P. O. Box 124342, Dubai, UAE.
Tel: +971 4 4096849 | Fax: +971 4 409 6850
About Us

SundiataPost is published by Sundiata Post Media Limited, Sundiata Post is Nigeria’s most authoritative online newspaper and ranks among the top five online news platforms in Nigeria.

Guild of Corporate online publishers
ACCREDITED MEMBER
A Glance at Our Advert Rate.

Inside Pages

Size In Pixels - Amount

120×180 - N27,967.50

300×100 - N24,695

Text Link - N11,275

More Details info

About Us | Contact Us | Privacy Policy | Terms of Use | Advert Rate