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

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Thursday, April 13, 2017 9:30 AM/NBS

Average price paid by consumers for premium motor spirit (petrol) increased by 10.1% year-on-year and decreased by -0.3% month-on-month to N149.4 in March 2017 from N149.8 in February 2017.

States with the highest average price of premium motor spirit (petrol) were Yobe (N161.7), Bayelsa (N161.3) & Enugu (154.5).

States with the lowest average price of premium motor spirit (petrol) were Oyo (N145.7), Osun, Kwara,Kano.Gombe,Ekiti,Delta and Abuja (N145) and Ogun (N144.9).

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

Average price paid by consumers for automotive gas oil (diesel) decreased by 5.94% month-on-month and increased by 60.44% year-on-year to N234.55 in March 2017 from N249.38 in February 2017.

 States with the highest average price of diesel were Kwara (N263.57), Kogi (N260) & Abuja (255).

 States with the lowest average price of diesel were Bayelsa (N205.56), Plateau (N209.17) and Rivers (N212.14). 

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

Average price per litre paid by consumers for National Household Kerosene decreased by 11.59% month-on-month and increased by 39.50% year-on-year to N311.56 in March 2017 from N352.42 in February 2017.

States with the highest average price per litre of kerosene were Taraba (N347.22), Plateau (N340.48) & Cross River (399.71).

States with the lowest average price per litre of kerosene were Gombe (N273.81), Zamfara (N271.57) and Oyo (N267.54).

Similarly, average price per gallon paid by consumers for National Household Kerosene decreased by 14.15% month-on-month and increased by 53.84% year-on-year to N1,172.78 in March 2017 from N1,366.08 in February 2017

States with the highest average price per gallon of kerosene were Kebbi (N1,376.92), Sokoto (N1,350) & Borno(1,338.89).

States with the lowest average price per litre of kerosene were Anambra (N1,000.91), Oyo (N996.67) and Ebonyi (N967.86). 

Click Here to Download March 2017 Average kerosene Price Watch (PDF) Report 

Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by 7.93% month-on-month and increased by 35.57% year-on-year to N2,493.59 in March 2017 from N2,708.38 in February 2017 

States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Zamfara, Plateau and Adamawa (N2,700.00), Borno and Gombe (N2,650) & Abuja and Bayelsa (2,600).  

States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Sokoto (N2,300), Katsina (N2,278.57) and Jiagawa and Kaduna (N2,250). 

Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by 7.90% month-on-month and increased by 33.27% year-on-year to N4,923.47 in March 2017 from N5,345.87 in February 2017. 

States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Yobe (N5,500.00), Benue (N5,250.) & Sokoto (5,200.00).  

States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Lagos (N4,676.19), Ogun (N4,636.36) and Ebonyi % Kano (N4,650). 

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

Latest 2017 NBS Reports  

Q2 2017 

1.       7.49m Nigerians Are Registered Under the National Pension Scheme As At Q1 2017 - NBS

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

Q1 2017

3.      11,363 Road Traffic Crashes Recorded in 2016 - NBS

4.      FAAC Disburses N514.15bn in February 2017

5.      FAAC Disburses N430.16bn in January 2017

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

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

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

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

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

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

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

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

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

15.   JAMB Received 11.7m Applications Between 2010 and 2016

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

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

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

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

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

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

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

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

24. 4,296 Applications Were Received by NAFDAC for New Products Registration in 2016 - NBS

25.  19,833 Vessels Berthed At Nigerian Ports Between 2013 and 2016 - NBS

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

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

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

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

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

31.  10.8% of Nigeria's Total Working Population Are Registered Under The National Pension Scheme - NBS

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

33. 72.53% of Nigeria’s Prison Population in 2015 were Un-sentenced - NBS

34. Lagos, Ogun Top IGR for H1 2016  

Related News 

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

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

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

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

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

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