Prices of kerosene, diesel hit over N300 per litre – Guardian

Consumers paid an average monthly price of N310 per litre for Household Kerosene (HHK), across the 36 States and Federal Capital Territory (FCT), according to the latest report from the National Bureau of Statistics (NBS).

The price is even more in Abia, Adamawa, Akwa Ibom, Bayelsa, Borno and Cross River at N362, N323, N321, N312 and N350 respectively.Analysing the report in gallons, the agency said that a gallon of HHK sold for N1, 025 per in Kano, N1,144 per gallon in Ekiti, N1,211 a gallon in Bayelsa and N1,345 per gallon in Borno state during the month under review.

Also, the agency put the average monthly price paid by households for Automotive Gas Oil (Diesel) across the 36 States including FCT in the month of July at N205 per litre.

Nevertheless, states like Taraba, Kebbi and Kwara paid the highest average prices of N249, N229 and N223 per litre respectively.The price watch showed that consumers in Anambra paid N200 per litre, Bayelsa, N200 a litre; and Edo, N200 per litre, making them states with the lowest average prices of diesel.

The Premium Motor Spirit (PMS) price watch for July indicated that average monthly prices actually reportedly paid by households for PMS across the 36 States and FCT was N148 per litre.

Read more at http://guardian.ng/business-services/prices-of-kerosene-diesel-hit-over-n300-per-litre/