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

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Monday, July 17, 2017 9:00AM / NBS

Average price paid by consumers for automotive gas oil (diesel) decreased by 2.72% month-on-month and increased by 14.73% year-on-year to N210.42 in June 2017 from N216.30 in May 2017.

 States with the highest average price of diesel were Kwara (N235.56) Adamawa (N227.50) and Niger (N230.00)

 States with the lowest average price of diesel were Osun (N192.50), Delta (N191.25) and Anambra (N184.17).

Click Here to Download Diesel Price Watch June 2017 (PDF) Report

Average price paid by consumers for premium motor spirit (petrol) increased by 1.2% year-on-year and decreased by -0.3% month-on-month to N150.3 in June 2017 from N150.7 in May 2017.

States with the highest average price of premium motor spirit (petrol) were Yobe (N168), Gombe (N167.50) & Adamawa (162.50). 

States with the lowest average price of premium motor spirit (petrol) were Abuja, Edo, Ekiti, ,Ogun, and Osun (N145), Ondo & Kano (N145.3) and Kwara & Oyo (N145.5).

Click Here to Download Petrol Price Watch June 2017 (PDF) Report 

Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by 9.43% month-on-month and increased by 12.9% year-on-year to N2,215.96 in June 2017 from N2,446.57 in May 2017

States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Kebbi and Yobe (N2,400.00), Zamfara (N2,399.18) & Adamawa (2,390.00).

States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Kaduna, and Niger (N2,000), Kogi (N2,005.00) and Oyo oN2,033.33).

Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by 9.74% month-on-month and increased by 9.37% year-on-year to N4,474.91 in June 2017 from N4,957.88 in May 2017.

States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Gombe (N5,000), Adamawa (N4,900) & Taraba (4,850.11).

States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Oyo (N4,118.75), Kaduna (N4,166.67) and Kano (N4,200).

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

Average price per litre paid by consumers for National Household Kerosene decreased by 5.28% month-on-month and increased by 20.96% year-on-year to N287.27 in June 2017 from N303.29 in May 2017.

States with the highest average price per litre of kerosene were Taraba (N360.61), Cross River (N321.30) & Plateau (316.67).

States with the lowest average price per litre of kerosene were Adamawa (N225), Sokoto (N229.17) and Oyo (N247.50).

Similarly, average price per gallon paid by consumers for National Household Kerosene decreased by 4.02% month-on-month and increased by 37.38% year-on-year to N995.07 in June 2017 from N1,036.71 in May 2017

States with the highest average price per gallon of kerosene were Adamawa (N1,128.57), Borno (N1,165) & Niger (1,144.44).

States with the lowest average price per litre of kerosene were Akwa Ibom (N884.17), Abia (N877.50) and Abuja (N780.00).

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

 Latest 2017 NBS Reports

Q2 2017

1.       FAAC Disburses N418.82bn in May 2017 - NBS

2.      GDP By Income and Expenditure Approach – Basic Price GDP Declines by 2.3% in Q3’16 - NBS

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

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

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

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

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

8.     125,790 Cases of Reported Offences Recorded in 2016 - NBS

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

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

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

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

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

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

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

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

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

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

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

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

21.  Lagos, Rivers Top IGR for Full Year 2016

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

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

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

25.  2,556 Road Traffic Crashes Recorded in Q1 2017 - NBS

26. FAAC Disburses N466.93bn in March 2017

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

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

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

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

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

32. 7.49m Nigerians Are Registered Under the National Pension Scheme As At Q1 2017 - NBS

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

Q1 2017

34. 11,363 Road Traffic Crashes Recorded in 2016 - NBS

35.  FAAC Disburses N514.15bn in February 2017

36. FAAC Disburses N430.16bn in January 2017

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

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

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

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

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

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

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

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

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

46. JAMB Received 11.7m Applications Between 2010 and 2016

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

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

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

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

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

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

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

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

55.  4,296 Applications Were Received by NAFDAC for New Products Registration in 2016 - NBS

56.  19,833 Vessels Berthed At Nigerian Ports Between 2013 and 2016 - NBS

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

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

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

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

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

62. 10.8% of Nigeria's Total Working Population Are Registered Under The National Pension Scheme - NBS

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

64. 72.53% of Nigeria’s Prison Population in 2015 were Un-sentenced - NBS

65.  Lagos, Ogun Top IGR for H1 2016

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