Nigeria: Local Gas Price Rises 24% in October

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The average prices of National Household Kerosene, Liquefied Natural Gas which is also known as cooking gas, and Automotive Gas Oil (diesel) increased by 3.39, 24.20 and 9.28 percent respectively during the month of October 2017.

These figures were contained in the latest report from the National Bureau of Statistics.

The monthly report, which was released on Wednesday, revealed that the average price per litre paid by consumers for kerosene increased by 3.39 percent from N264.48 in September 2017 to N273.44 in October 2017.NBS put the States with the highest average price per litre of kerosene to be Oyo, N324.76, Borno, N323.61; and Rivers, N320.37.

States with the lowest average price per litre of kerosene were Osun, N233.33; Ondo, N237.50; and Enugu, N237.78.Also, the average price per gallon paid by consumers for kerosene increased by 6.31 per from N973.72 in September 2017 to N1,035.12 in October 2017.The agency listed the States with the highest average price per gallon of kerosene to include Adamawa, N1,185.83; Benue, N1,175.00; and Ondo, N1,160.00

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