Average Prices of PMS, AGO, HHK and Cooking Gas – March 2018

Wednesday, April 11, 2018 /11:00 AM / NBS

Average price paid by consumers for premium motor spirit (petrol) increased by 9.4% year-on-year and -5.3% month-on-month to N163.4 in March 2018 from N172.5 in February 2018. 

States with the highest average price of premium motor spirit (petrol) were Taraba (N184.38), Jigawa (N180.93) & Ekiti (N173.89).

States with the lowest average price of premium motor spirit (petrol) were Kaduna (N147.29), Bauchi (N145.57) & Abuja (N145.00). 

Click Here to Download March 2018 PMS Price Watch PDF Report

Average price paid by consumers for automotive gas oil (diesel) decreased by 1.65% month-on-month and -12.00% year-on-year to N206.41 in March 2018 from N209.89 in February 2018. 

States with the highest average price of diesel were Taraba (N254.29) Sokoto (N249.29) and Kebbi (N230.83) 

States with the lowest average price of diesel were Abia (N185.83), Bayelsa (N187.50) and Delta (N189.58). 

Click Here to Download March 2018 Diesel Price Watch PDF Report

Average price per litre paid by consumers for National Household Kerosene decreased by -6.79% month-on-month and -13.66% year-on-year to N268.99 in March 2018 from N288.57 in February  2018.  

States with the highest average price per litre of kerosene were Nasarawa  (N306.07), Yobe (N300.78) and Cross River (N300.68). 

States with the lowest average price per litre of kerosene were Abia (N229.35), Delta(N227.77) and Borno (N225.13) 

Similarly, average price per gallon paid by consumers for National Household Kerosene decreased by -8.45% month-on-month and -19.57% year-on-year to N943.27 in March 2018 from N1,030.33 in February 2018.  

States with the highest average price per gallon of kerosene were Kebbi (N1105.00), Benue (N1096.67) & Jigawa (N1061.90).  

States with the lowest average price per gallon of kerosene were Ebonyi (N828.57), Delta (N821.54) and Rivers (N814.08).  

Click Here to Download March 2018 Kerosene Price Watch PDF Report

Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -3.03% month-on-month and decreased by -16.16% year-on-year to N2090.97 64 March 2018 from N2,155.97 in February 2018. 

States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Borno (N2487.50), Yobe (N2500.00), and Bauchi (N2400.00). States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Abuja (N1,760.00), Ebonyi (N1,870.00) and Ekiti (N1,895.00). 

Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -1.84% month-on-month and decreased by -13.60% year-on-year to N4253.73 in March 2018 from N4,333.27 in February 2018. 

States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Akwa Ibom (N4,650.00), Benue (N4,966.67) and Cross River (N4,730.00). States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Oyo (N3834.38), Lagos (N3768.00) and Bauchi (N3,400.00). 

Click Here to Download March 2018 Cooking Gas Price Watch PDF Report 

Latest 2018 NBS Reports 

Q2 2018
1. Updated 2017 IGR Report – Osun State Grows IGR by 32.04% in FY 2017 

Q1 2018

1. FAAC Disburses N635.55bn in February 2018 - NBS
2. Lagos State Has The Highest Domestic and Foreign Debts as at December 2017 - NBS
3. States Generate N931.23bn as IGR in 2017 - NBS
4. Average Air Fare Increased by 1.47% MoM in February 2018 - NBS
5. Average Price of 1kg of Yam Tuber Increased by 7.10% YoY in February 2018 - NBS
6. Headline Inflation Drops to 14.33% in February 2018; 0.8% Lower Than January 2018 Rate
7. Average Prices of PMS, AGO, HHK and Cooking Gas – February 2018
8. Lagos, Abuja, Port Harcourt, Owerri and Kano Airports Served Over 92% of Total Passengers in Q4 2017
9. 4,175 Ocean Going Vessels Recorded at Nigerian Ports in 2017
10. Total Value of Capital Imported into Nigeria in Q4 2017 Estimated at $5,382.89m - NBS
11. Nigeria’s GDP Grows in Real Terms by 1.92% in Q4 and 0.83% for Full Year 2017
12. FAAC Disburses N655.18bn in January 2018 – NBS
13. N254.10bn Generated as VAT in Q4 2017 – NBS
14. Total Active Voice Subscription Increased by 3.69% in Q4 2017 – NBS
15. 18.36bn Litres of PMS Distributed State-wide in 2017 – NBS
16. 5.84m Students Enrolled in Junior Secondary Schools in 2016 - NBS
17. 2,489 Road Traffic Crashes Occurred in Q4 2017 - NBS
18. Average Air Fare Increased by 7.34% YoY in January 2018 - NBS
19. Headline Inflation Drops to 15.13% in January 2018; 0.24% Lower Than 15.37% December Rate
20. Average Prices of PMS, AGO, HHK and Cooking Gas – January 2018
21. 7.82m Workers Are Registered Under the Pension Scheme as at Q4 2017 - NBS
22. Daily Energy Generation Attained a Peak of 94,627MWh in Q4 2017 - NBS
23. Banking Sector Records 461.98m Volume of Transactions in Q4 2017 - NBS
24. 77.5m Persons Engaged in Some Sort of Economic Activities in Q3 2017 - NBS
25. Average Fare Paid by Passengers for Water Transport Increased by 6.05% MoM to N631.55 in Dec 2017
26. Average Price of 1kg of Yam Tuber Decreased by -3.67% YoY to N211.61 in December 2017 - NBS
27. Headline Inflation Drops to 15.37% in December 2017; 0.53% Lower Than 15.90% November Rate
28. Average Prices of PMS, AGO, HHK and Cooking Gas – December 2017
29. Active Voice Subscribers Dropped by 8.73% in Q3 2017 – NBS
30. Inequality in Nigeria Worsened Between 2004 and 2013 But Improved in 2016 – NBS