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Average Price Watch of PMS, AGO, HHK and Cooking Gas - May 2017

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Thursday, June 15, 2017 11:00 AM / NBS

Average price paid by consumers for premium motor spirit (petrol) increased by 0.3% year-on-year and increased by 0.5% month-on-month to N150.7 in May 2017 from N149.9 in April 2017. 

States with the highest average price of premium motor spirit (petrol) were Gombe (N172.5), Taraba (N162.00) & Adamawa & Borno (160).  

States with the lowest average price of premium motor spirit (petrol) were Abuja,Delta,Ekiti,Katsina,Ogun,Lagos and Osun (N145.3), Ondo (N145.31) and Edo & Oyo (N145.33).

Click Here to Download May 2017 PMS Price Watch (PDF) Report

Average price paid by consumers for automotive gas oil (diesel) decreased by 5.65% month-on-month and increased by 45.35% year-on-year to N216.30 in May 2017 from N229.25 in April 2017. 

States with the highest average price of diesel were Adamawa (N236.67), Niger (N236.43) & Sokoto (255.71).  

States with the lowest average price of diesel were Gombe & Yobe (N200.00), Delta (N200.83) and Anambra (N200.56).

Click Here to Download May 2017 AGO Price Watch (PDF) Report

Average price per litre paid by consumers for National Household Kerosene increased by 8.01% month-on-month and by 30.49% year-on-year to N303.29 in May 2017 from N280.80 in April 2017. 

States with the highest average price per litre of kerosene were Anambra (N334.52), Kwara (N323.81) & Bauchi (321.67). 

States with the lowest average price per litre of kerosene were Osun (N273.96), Oyo (N271.15) and Sokoto (N261.90). 

Similarly, average price per gallon paid by consumers for National Household Kerosene decreased by 10.10% month-on-month and increased by 45.11% year-on-year to N1,036.71 in May 2017 from N1,153.12 in April 2017 

States with the highest average price per gallon of kerosene were Adamawa (N1,212.50), Borno (N1,208.33) & Sokoto (1,157.14).  

States with the lowest average price per litre of kerosene were Akwa Ibom (N920.42), Anambra (N915.77) and Abuja (N902.00). 

Click Here to Download May 2017 Kerosene Price Watch (PDF) Report

Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 0.75% month-on-month and increased by 31.96% year-on-year to N2,446.57 in May 2017 from N2,424.38 in April 2017 

States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Gombe (N2,600.00), Akwa Ibom (N2,590) & Rivers (2,585.00).  

States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Kaduna, Kano, Katsina, Ogun and Sokoto(N2,300), Ondo (N2,294.44) and Osun (N2,268.75). 

Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 2.64% month-on-month and by 33.11% year-on-year to N4,957.88 in May 2017 from N4,830.22 in April 2017. 

States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Kebbi (N5,375), Cross River (N5,330) & Borno (5,300).  

States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Lagos (N4,621), Oyo (N4,615) and Katsina (N4,600).

Click Here to Download May 2017 Cooking Gas Price Watch (PDF) Report 

Latest 2017 NBS Reports

Q2 2017

1.    Average Intercity Transport Fare Decreases to N1,5865. in May’17 from N1,587.04 in Apr’17

2.      Average Price Of 1kg Of Yam Tuber Increased YoY by 52.69% in May 2017 - NBS

3.      CPI Drops to 16.25% in May 2017, 0.99% Lower Than 17.24% April Rate

4.      N204.77bn Generated as VAT in Q1 2017 - NBS

5.      125,790 Cases of Reported Offences Recorded in 2016 - NBS

6.      Labour Productivity Rose to N684.43 in 2016 - NBS

7.      Merchandise Trade Grew By 0.1% - Positive Trade Balance Due to Rising Exports & Falling Imports

8.     Unemployment Rate Rises to 14.2% in Q4’16 from 13.9% in Q3’16 - NBS

9.      Lagos Airport Accounted for 76.5% of International Passengers in Q1 2017 - NBS

10.  FAAC Disburses N496.39bn in April 2017 - NBS

11.   Banking Sector Records 304.31 mln Volume of Transaction in Q1 2017 - NBS

12.  Total Value of Capital Imported into Nigeria in Q1 2017 Estimated at $908.27m - NBS

13.  GDP Contracts by -0.52% in Q1’17 from -1.73% in Q4’16; 5th Consecutive Quarter of Contraction

14.  Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch – April 2017

15.   Average Intercity Transport Fare Increases to N1,587.04 in Apr’17 from N1,466.46 in Mar’17

16.  Average Prices of 1kg of Yam Tubber Increased by 42.45% YoY in April 2017

17.   CPI Drops to 17.24% in April 2017, 0.02% Lower Than 17.26% March Rate

18.  Lagos, Rivers Top IGR for Full Year 2016

19.  Telecoms Subscribers Dropped by 1.33% in Q1 2017 - NBS

20. Nigeria Imports 4.05bn Litres of PMS in Q1 2017 - NBS

21.  Lagos State has the highest domestic and foreign debt profile in 2016 - NBS

22. 2,556 Road Traffic Crashes Recorded in Q1 2017 - NBS

23. FAAC Disburses N466.93bn in March 2017

24. Daily Energy Generation Attained a Peak of 5,846 MW in Q1 2017 - NBS

25.  Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch - March 2017

26. Average Intercity Transport Fare Increases to N1,466.46 in Mar’17 from N1,411.87 in Feb’17

27.  Average Prices of 1kg of Yam Tubber Increased by 63.4% YoY in March 2017

28. CPI Drops to 17.26% in March 2017, 0.52% Lower Than 17.78% February Rate

29. 7.49m Nigerians Are Registered Under the National Pension Scheme As At Q1 2017 - NBS

30. Lagos Airport Accounted for 69.1% of International Passengers in 2016 - NBS

Q1 2017

31.  11,363 Road Traffic Crashes Recorded in 2016 - NBS

32. FAAC Disburses N514.15bn in February 2017

33. FAAC Disburses N430.16bn in January 2017

34. Average Intercity Transport Fare Decreases to N1,411.87 in Feb’17 from N1430.63 in Jan’17

35.  Average Price of 1kg of Rice Increased by 68% YoY in February 2017

36. Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch - February 2017

37.  CPI Drops to 17.78% in February 2017, 0.94% Lower Than 18.72% January Rate

38. Nigeria Produced 43.49m Tons of Solid Minerals in 2016 - NBS

39. NIPOST Generates N8.84bn Revenue in 2016 - NBS

40. Q4 2016 Merchandise Trade Intensity - Total Trade Grows by 6.5% in 2016

41.  Merchandise Trade Grows in Q4 2016 - Records First Quarterly Positive Trade Balance Since Q4 2015

42. GDP Contracts by -1.30% in Q4 and -1.51% for Full Year 2016; Is Nigeria on Its Way Out of Recession?

43. JAMB Received 11.7m Applications Between 2010 and 2016

44. Average Kerosene Price Increases to N433.84 in Jan'17 from N231.85 in Dec'16

45.  Average Intracity Transport Fare Increases to N122 in Jan'17 from N84.29 in Dec'16

46. Average Cooking Gas Price Increases to N2,567.56 in Jan’17 from N2,002.16 in Dec’16

47.  Average Diesel Price Increases to N240.52 in Jan’17 from N196.20 in Dec’16

48. Average Petrol Price Increases to N148.7 in Jan'17 from N146.7 in Dec'16

49. CPI Rises to 18.72% in January 2017, 0.17% Higher Than 18.55% December 2016 Rate

50. GENCOs Issued Total Invoice of N331bn to DISCOs in 2016

51.   Nigeria Produced 5.79 mln Tonnes of Fish Between 2010 and 2015

52.  4,296 Applications Were Received by NAFDAC for New Products Registration in 2016 - NBS

53.  19,833 Vessels Berthed At Nigerian Ports Between 2013 and 2016 - NBS

54.  Total Value of Capital Imported into Nigeria in Q4 2016 Estimated at $1,548.88mln - NBS

55.  Telecoms Sector Contributes N1,399bn to GDP in Q3 2016 - NBS

56.  FAAC Disburses N426.88bn in December 2016 - NBS

57.  Banking Sector Records 910.18m Volume of Transaction in 2016 on Electronic Payment Channels - NBS

58. Daily Energy Generation Attained a Peak of 3,859.59MW in Q4 2016 - NBS

59.  10.8% of Nigeria's Total Working Population Are Registered Under The National Pension Scheme - NBS

60. Nigeria Imports 4.83 bn Litres of PMS in Q4 2016 - NBS

61.  72.53% of Nigeria’s Prison Population in 2015 were Un-sentenced - NBS

62. Lagos, Ogun Top IGR for H1 2016

 

 

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