Kebbi, Yobe, Anambra Residents Paid Highest For Petrol In October – NBS

Meanwhile, states with the lowest average price of petrol in October were Niger at N158.38, Sokoto at N158.57 and Delta N159.38.

IPMAN had in a news conference held recently urged Nigerians to prepare for the worse fuel crisis unless the Federal Government prevails on NMDPRA to pay its members their outstanding bridging claims amounting to N500 billion / Photo credit: Businessday
IPMAN had in a news conference held recently urged Nigerians to prepare for the worse fuel crisis unless the Federal Government prevails on NMDPRA to pay its members their outstanding bridging claims amounting to N500 billion / Photo credit: Businessday

The National Bureau of Statistics (NBS), says Kebbi, Yobe and Anambra States residents paid the highest amount for Premium Motor Spirit (PMS), popularly referred to as petrol in October.

The NBS said this in its “PMS (Petrol) Price Watch for October’’ released on its website on Tuesday in Abuja.

It said that Kebbi residents bought the product at N166.50, Yobe at N163.58 and Anambra residents also bought it at N163.

Meanwhile, states with the lowest average price of petrol in October were Niger at N158.38, Sokoto at N158.57 and Delta N159.38.

READ ALSO: Petrol To Sell At N170 Per Litre

The report said that the average price paid by consumers for petrol increased by 10.79 per cent year-on-year and month-on-month by 0.07 per cent to N161.17 in October from N161.06 in September.

Similarly, average price paid by consumers for Automotive Gas Oil (diesel) increased by 0.05 per cent month-on-month and decreased by -2.83 per cent year-on-year to N219.80 in October from N219.68 in September.

The bureau said states with the highest average price of diesel were Borno with N255.43, Katsina N249.29 and Kebbi N247.14.

It also said states with the lowest average price of diesel were Kwara at N173.25, Anambra N193.33 and Oyo N198.53.

READ ALSO: Nigeria’s Inflation Hits 14.23%

Field work for the report was done solely by more than 700 NBS staff in all states of the federation supported by supervisors who were monitored by internal and external observers.

Fuel Prices were collected across all the 774 local governments across all states and the FCT from over 10,000 respondents and locations.

The price reflected actual prices households bought fuel together with the prices reportedly sold by the fuel suppliers.

The average of all these prices was then reported for each state and the average for the country was the average for the state.

(NAN)

The Interview Editors

Written by The Interview Editors

The Interview is a niche publication, targeting leaders and aspiring leaders in business, politics, entertainment, sports, arts, the professions and others within society’s upper middle class and high-end segment in Nigeria.