Prices of diesel, cooking gas decreased in June, says bureau of statistics

The country has recorded decreases in the prices of Automotive Gas Oil (Diesel) and Liquefied Petroleum Gas (Cooking Gas) according to the latest data from the National Bureau of Statistics (NBS).

The NBS data showed that average price paid by consumers for diesel decreased by 2.72 per cent month-on-month from N216.30 in May to N210.42 in June 2017.

States with the highest average price of diesel were Kwara, N235.56; Adamawa, N227.50 and Niger, N230.00 while States with the lowest average price of diesel were Osun, N192.50; Delta, N191.25 and Anambra, N184.17.

Kwara State has the highest average price in the North Central Region for June 2017 while Plateau State has the least average price.

Adamawa State has the highest average price in the North East Region for June 2017 while Gombe State has the least average price.

Sokoto State has the highest average price in the North West Region for May 2017 while Jigawa State has the least average price.

Imo State has the highest average price in the South East Region for June 2017 while Anambra State has the least average price.

For cooking, the agency’s data disclosed that the average price for the refilling of a 5kg cylinder for cooking gas decreased by 9.43 per cent month-on-month from N2,446.57 in May to N2,215.96 in June 2017.

In the report, States with the highest average price for the refilling of a 5kg cylinder for cooking gas were Kebbi and Yobe, N2,400.00); Zamfara, N2,399.18; and Adamawa, 2,390.00.

States with the lowest average price for the refilling of a 5kg cylinder for cooking gas were Kaduna, and Niger, N2,000; Kogi, N2,005.00; and Oyo, N2,033.33.

Similarly, average price for the refilling of a 12.5kg cylinder for cooking gas decreased by 9.74 per cent month-on-month from N4,957.88 in May to N4,474.91 in June 2017

States with the highest average price for the refilling of a 12.5kg cylinder for cooking gas were Gombe, N5,000; Adamawa, N4,900 and Taraba, 4,850.11.

States with the lowest average price for the refilling of a 12.5kg cylinder for cooking gas were Oyo, N4,118.75; Kaduna, N4,166.67 and Kano, N4,200.

Group General Manager, Group Public Affairs Division of Nigerian National Petroleum Corporation (NNPC), Ndu Ughamadu, had said that some of the Corporation’s strategic interventions in this regard include improving the supply of AGO and remodeling of the product distribution to address sufficiency issues across the country.

“Since January this year, we have worked very hard with relevant stakeholders to improve distribution from refinery depots, by implementing a robust loading programme,” Ughamadu affirmed.

Also, in its quest to enhance efficient distribution of AGO, the Corporation was able to resuscitate its critical pipelines and depots in places such as Atlas Cove-Mosimi, Port-Harcourt Refinery-Aba and Kaduna Refinery-Kano. Efforts are also ongoing to revamp and commission other critical pipelines across the country.

Another key intervention that has enhanced supply and distribution of diesel, the NNPC Spokesperson noted, was the Corporation’s robust engagement with critical downstream stakeholders where salient issues were raised and duly addressed. These stakeholders include: Major Oil Marketers Association of Nigeria (MOMAN), Nigerian Association of Road Transport Owners (NARTO), Petroleum Tanker Drivers (PTD) as well as Independent Petroleum Marketers.